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


To: SliderOnTheBlack who wrote (64618)4/14/2000 2:31:00 PM
From: DYW  Read Replies (2) | Respond to of 95453
 
Slider, just when people were starting to forget your unsavoury past, and actually consider you an upstanding member of the human race, you had to burst that bubble.
The investors who are hurting today are no different than the investors who were hurt in the OSX's meltdown in '98: they're individuals who were trying to get a bit ahead.
They didn't cause the money to be drawn away from you or your stocks, they were investing - based on momentum, some sort of fundamentals, or "proffessional advice". Many of them may have spent some time investing in the 'patch; many may even have worked at some time there.
You didn't lose your oilpatch job, simply because you never worked there. You started investing in this sector in '97 or '98, and have since spent a commendable amount of time and energy learning about it's fundamentals. Well, many investors have followed a similar path, but happened to land, for a variety of reasons, in a different sector. Is the fact that they have been enjoying some added bit of success in recent times reason enough for you to show glee at their downfall?
Respect others pain, or it will be sure to visit you soon enough!



To: SliderOnTheBlack who wrote (64618)4/14/2000 2:31:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
>> Anyone got some salt (VBG) ? <<

Ditto, Ditto, Ditto. We are on the same page again.

PGO Aug 15's are still $3...Damn. Probably a good price, but not a steal. If they were $2 or less I'd probably take a pretty big option position. If PGO hit's 14 1/2 or less I may get my wish.

If the OSX holds and stays positive it'll be viewed as island of safety. However, I wouldn't mind it getting dragged down for a day or two so I could buy more on the cheap. I think we win either way over the long term.

The moment of truth is almost upon us. It could get real ugly into the close (across all sectors).

Do I intentionally wish anyone pain? No, but this is dodge ball baby - everyone for themselves. Tech investors certainly didn't give a rat's ass about us - nor did CNBC.

MSFT at 70? CSCO at 50? Come on baby...



To: SliderOnTheBlack who wrote (64618)4/14/2000 2:34:00 PM
From: jim_p  Read Replies (1) | Respond to of 95453
 
I second that.

Jim