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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: DYW who wrote (33121)12/18/1998 12:39:00 PM
From: SliderOnTheBlack  Read Replies (1) of 95453
 
< I don't think you have individual investors buying blocks of 100,000 or more shares>

True, few individual's buy in 100K blocks other than Big Dog <VBG> .

But, Hedge Funds can play this unlike the Mutual Funds; however - the Fundies have a much, much bigger influence than the Hedgies... Any big buying will come from the Value players here imho. David Dreman types... allthough I think the Hedge Fund players are mainly short here... and we will not see the huge, huge volume without the Fundies here imho.

PS - hope Cramer was foolish enough to be short here; after dissing the Patch of late; and flip-flopping as well...serves himn right .

Also; first the Street tried to sell us (over sell us...) that Iraq's Oil facilities would NOT be hit; now that they are - what's the spin now ???

This is a great Clancy novel in the making here.... Black Gold & Black Magic...
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