Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Crimson Ghost who wrote (56434)	12/8/1999 12:01:00 PM
From: marc chatman	Read Replies (2) \| Respond to of 95453

George, I believe you are correct in noticing a change to the bounce -- a bit more gradual. But the key will be the late afternoon action, probably after 2 or 3 pm. Expect a sag shortly. Hopefully that will be gradual. I don't believe the bottom is in yet, but perhaps we are getting closer to the better bounce that iniates a basing. Also, IMO, volume is important. EDIT -- the bounce just got a bit more life -- another good sign IMO.

To: Crimson Ghost who wrote (56434)	12/8/1999 12:19:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

George, I agree today's action is a bit different. Many including myself were expecting the selling to be worse. I expected gas prices to lose .10+...didn't happen. Crude is down, but still above $25. Any sort of an afternoon or mid day rally would be very positive. We're ignoring good news, but maybe we'll also start to ignore the bad... The next week is very critical. I trimmed so I'm no longer on margin, but staying fully vested here. I love VPI and it looks cheap, but it's just started to break 10. If this selloff continues I think there could be more downside in VPI than OEI, BR and NBL.