Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: thomas hayden who wrote (35594)	1/21/1999 7:54:00 PM
From: Crimson Ghost	Read Replies (3) of 95453

Tom: I made the same points re: FGI in a post a few weeks ago. The huge short interest (which appears dumb as hell on the surface) and poor action convinces me that some bad news is coming out about this company. With so many attractive OS stocks out there, I can pass this one by. Those who argue that a tanking market will benefit OS may soon see their theory put to the test. Market sure looks like it has peaked or is in the process of forming a major top. If the greatest bull market in history (except for commodity related stocks) had to end with a huge speculative blowoff, the run from October certainly fills the bill. The NASAQ soared about 75% from its October low to its January peak. If that isn't a speculative blowoff, I don't know what is.

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