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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Aggie who wrote (56388)	12/7/1999 8:01:00 PM
From: Roebear	Respond to of 95453

Aggie, My only worry with securitytrader.com is what happens when they get real popular, I'll have to Fade them. Heh heh, that'll work too VBG! They are real good at the short term stuff; on commodities stuff, like oils, they usually hit the big turns, percentage wise not as good on OSX etc. Still pretty good though and they don't turn their nose up on oil and gold as do so many other tech concentrated sites. Like I said before here, when ST and Gary B agree, pretty near a lock! All the best, Roebear

To: Aggie who wrote (56388)	12/7/1999 8:09:00 PM
From: Roebear	Respond to of 95453

Pictures are worth a thousand words securitytrader.com securitytrader.com There is still hope, but looks a little grim, Roebear

To: Aggie who wrote (56388)	12/7/1999 10:53:00 PM
From: Roebear	Read Replies (1) \| Respond to of 95453

To: Roebear From: hdrjr Tuesday, Dec 7 1999 8:49PM ET Aggie,Roebear,Sarge,JQP,Slider,Douglas,Razor and all the others: I am out of here! Sold everything today before I had no profits for the year left. Made a miniscule 12% for the year. This group of stocks is the most frustrating I have ever tried. I give up. Clinton will either force OPEC to open up or he will sell SPR. API and/or DOE numbers will be manipulated and natural gas prices will be driven into the ground. Cheap energy prices have become part of the bill of rights that every American and industry deserves. No one on this thread seems to get it, this is not a growth industry. I have finally just realized it myself. Demand growth means nothing. With new technologies oils part of the equation lessons. Why buy a stock that lost money last quarter, made 10 cents this quarter, and if all the stars fall into the proper position, makes 25 cents next quarter. Too many stars to align! I wish all of you the best of luck especially Sarge with that large FGH holding. While I have always hoped he was right for his investments sake, I see no reason for any new construction orders for at least three years. Even at that point FGH will be so decimated that it will not even have the employees to complete projects without further lawsuits. I feel sure that the FLC's, GLM's, SII's, Cam's etc.,etc, will eek out a living. Their only growth will come from consolidation in a dying industry. Just not worth the risk. I suppose the street is looking for individual capitulation and they have it from this investor. We have all been kidding ourselves far too long. Ask yourself this question, Why would big oil want oil service companies to do well? There is no reason. If the service companies are on the continuous brink of failure then oil companies have created a desperate need for business at a break even or less rate. Just not worth it. Obviously oil will not hold these inflated values or everyone and his dog would be investing in XOI and OSX. Even if the OSX sells down to the 50's, its promise for upward movement is probably only 80ish. 1997 was two years ago and things have changed and there has never been a guarantee that those prices would return. Boom 2000 is exactly what it implies, a large sound with nothing left afterwards. Goodluck all, you will need it, hdr Edit: Posted with deep regret - Roebear