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Non-Tech : Invest / LTD
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To: R. Gates who wrote (7409)2/13/1999 10:28:00 AM
From: Lucretius  Read Replies (1) of 14427
 
yes, the next few weeks will end in tears for the bulls... the key is don't get sucked in on the initial bounce as the selloff begins, that is where the MOST money will be lost. Remember this post so when the bounce comes, you won't be tempted to cover or go long.

I am revising my forecast on the DRILLERS:

I had originally thought they would decline during the crash... this was incorrect. They have one more pop to the upside as inflation fears will crop up (incorrectly mind you) due to the "strong" economy and the coming move up in gold that will spook so many. NE should reach 22 or so before reversing (it should be SOLD here) and hitting its final bottom of 7 to 9 sometime this next Summer. THAT is where I will buy.

as always, this is my opinion. invest at your own risk.

-Lucretius
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