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

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To: dmccoach who wrote (35809)1/25/1999 11:17:00 PM
From: marc chatman  Read Replies (1) of 95453
 
I have no idea where any of these stocks is going. If I had to guess, I'd say the sector is about to fall off a cliff (which could be a good thing since I'm usually wrong about where these OS stocks are going).

But I find it difficult to imagine a decent API report in the near future. I find it difficult to imagine any good news in the near future. I found today's action extremely disturbing.

I agree with you that FGI doesn't look good. But I don't think RON looks particularly healthy either (I own some of each, by the way). You know what looks healthy to me? Tech stocks. Overpriced, but healthy.



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