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

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To: Jon Cave who wrote (36437)2/1/1999 1:35:00 PM
From: Platter  Read Replies (3) of 95453
 
To all:::: The last time I saw this kinda Doom and Gloom senario in a sector was with the Semi's a few months ago.....It was terrible...I had to dollar cost up to max. according to my rules, I even broke a rule or 2,and they still went lower...I remember someone on the AMAT thread saying that it looks like AMAT WOULD FALL TO 11.00(IT WAS 22 AT THE TIME IF I RECALL CORRECTLY) ...I had reached a point where I just could not put anymore in the sector(XLNX,NVLS, etc), regardless of whether those stocks dropped any more...Investors were just selling, everyday, everyday, non-stop. So I just sat there, depressed, frustrated, but still hopefull that I was right, and decided to wait it out...or worse yet wait for AMAT to drop to 11.00......
Oh well, that was then, and now.....well now, everyone loves the Semi sector...Oh and that AMAT ..its at 62 today...But I don't like it anymore....So we are all suffering here....well I will just might as well wait it out, or worse yet just wait for HAL to go to 19.00
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