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

To: Jon Cave who wrote (57028)	12/16/1999 11:37:00 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

>> HOFF a buy here. just $1 off of its low. Can't get much cheaper can it? << If your time horizon is more than 6 months then by all means establish a 1/2 position, but I wouldn't get in too heavy just yet. It's still knifing down and shorts will try to take it below 5 to create margin calls. My guess is that they'll succeed sending it to the low 4's before it bounces again. I wouldn't be too shocked to see it go lower than 4 either. I think GLBL is a safer play here since shorts have been unsuccessful driving it much lower than 6 1/4.