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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: marc chatman who wrote (36097)1/28/1999 4:09:00 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
Marc:

We are closing near the lows. A bad omen for tomorrow.

I agree that a 20-30% further drop is not likely but possible. I still think we will go lower until we get some sort of a selling climax. Probably very soon, but the old lows may be violated first. My guess is another 5-10% down before a big turn.

Long-term I am as bullish as anyone here. I expect 200 OSX a few years out. But experience teaches that in a bear market as savage as this OS fiasco, the stocks can go lower than anyone dreamms possible.
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