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


To: SargeK who wrote (58773)1/20/2000 11:11:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
O/T Sarge; seriously - don't be claiming after the fact here that you sold here (VBG).

That looks like a boat that went out of the harbor on full throttle - but, may run out of gas & need to be towed back in very, very soon imho ! (VBG).

$8 is fair value - and I didn't need to wait untill it turned here to make that call...

$8/$9 = THE WALL !

SargeK - take the money & run; wait for a base around $7 & trade it if you must; or better yet; take the money and diversity - and buy some damn S&L stocks over the next month into the Fed meeting - this sector was made for you.

Dividends ! Low risk ! Strong fundamentals ! Only the looming Fed Hikes clouding the future - most acknowledge that this is THE most fundametnally strong, but technically weak sector in the ENTIRE market; which = a valuation anomaly equaling OSX 45 here ! !

Sarge, there are certain 50%-doubles here; I can give you WM as my top pick and a basket of 5,6 others if you like.

Honestly; for an elder retiree on a fixed income; you might be prudent to over-weight to this sector.

My Bozo-puter has determined that S&L's fit you like a a shrunken jungle boot...

Take the FGH money & run to WM ! - don't hesitate, don't look back - just do it !

You should be ultimately 50% S&L's and 50% Oilpatch with at least 8 stocks equally divided between driller,service, E&P subsectors - diversify and quit putting all your Golden Years Eggs into these one compulsive/obsessive baskets !

Don't do it for me (VBG), don't do it for you - do it for the little woman (okay, not so little any more) and the two boys... have a chance to leave them something someday (VBG).

Your friend, with your best interests allways at heart;

$liderette