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

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To: SliderOnTheBlack who wrote (38860)3/4/1999 10:28:00 AM
From: The Ox  Read Replies (3) of 95453
 
This post of yours is boring Slider. Stick to pounding the table, you are better at that in my opinion. I have stated that I have a small position in a few OS stock. I believe that they will do well over time. I also don't believe that this sector is a no-brainer, just throw money at the stocks and you will be rich soon.

I have stated in the past, that I want to be bullish on this sector. But I balance my outlook with reality. I really wonder if you ever do the same Slider. There are so many variables that make up the Oil Services industry that I believe reality tells me to be very cautious at this time. I truly believe that "Our day will come". But I also believe that there is a VERY strong possibility that many of the stocks that you tout could see lower lows before they start to soar.

Best of luck with your investment/trading decisions,
Michael
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