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

To: SliderOnTheBlack who wrote (66318)	5/17/2000 10:08:00 AM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

Is this as opposed to your highly intelligent call to go to cash a few weeks ago, after which nearly all oil stocks popped? People who live in glass houses shouldn't throw crap. You must be losing money again today. Over the past year the intelligence of your posts has appeared to inversely correlate with your profits in the market. When you are making money you post valuable info. When you are losing money you insult people.

To: SliderOnTheBlack who wrote (66318)	5/17/2000 10:24:00 AM
From: The Ox	Respond to of 95453

There will be a time to buy gold but it's still in the future, IMO. If you want gold, you should be buying black gold. I also believe that gold will have a run but it's not in our immediate future. If you want to make sure you catch the beginning of the gold run, then by all means start putting money to work in the gold+mining industry. When gold does move, it will move faster then anyone expects. Those waiting to get on board will miss a large % move because it will be stunning how fast the market will react. Black gold is a much lower risk and it won't be a dead or depreciating investment for the immediate future. Again, in my opinion. There are still values to be found in this sector and the fundamentals for the oil industry make the yellow metal 'pale' in comparison. I'm going on record as saying this call to move out of the patch and into gold is too early. I will also make sure that you folks who read this know that I'm NOT completely knowledgeable in the gold sector. My research says that it's still too early for gold. Maybe later this year.... Best of luck with your decisions, Michael

To: SliderOnTheBlack who wrote (66318)	5/17/2000 10:25:00 AM
From: Roebear	Respond to of 95453

Slider, OT, While it is good to have an initial position to go along with your (IMHO) more than adequate analysis of gold potential, there is another factor to consider. It is darn near traditional to have a wash out the stops plunge in Precious Metals (and sometimes PM equities) before the rally. Such may be occurring now: kitco.com Last time 272 held, if it doesn't this time there is some support at 268. Actually would be pretty ideal if they got into the 260's but XAU held recent support around 55.5 While I have kidded you about it in the past as in my post yesterday, I hope you aren't offended. I am very happy to have your analytical skills and market feel applied to one of my favorite sectors. And thanks for freely sharing, you are not exactly preaching to the choir here on SD. I added more AEM this morning as I am confident in this Canadian mines fundamentals. Still saving dry powder in case we get a downspike. I will be looking over your choices which I mostly agree with, though I haven't looked at FN.TO in awhile, I have been looking at N. BTW, for specualtive fun with a small portion of your golds, some Canadian juniors offer rather mind boggling returns, though choosing the right one is difficult. All the best, Roebear