Global Santa Fe (GSF) (formerly Global Marine) Message Board

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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine)

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To: Elmer Flugum who wrote (1269)	3/3/1999 6:06:00 PM
From: Stitch	Read Replies (1) of 2282

len; I liked the comments in the article from investorsalley.com and Mike Simmons additional comments in his most recent newsletter. But I think we are seeing a long bond related market fluctuation that some might characterize as a correction peppered by sector rotation. While I suspect the word about the minimal risk in this sector is spreading I don't think we are seeing the early stage of a sustainable rally and Simons seems to feel the same thing. His note about buying on rumor selling on news, specifically as it applies to the approach of the next OPEC meeting is telling in that he sees this as a near term trading opportunity. I have a completely different set of metrics and expectations with this sector. The real question to me is whether or not I should suspend accumulation or not. best, Stitch

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