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: Big Dog who wrote (79856)	11/23/2000 12:24:13 PM
From: Mark	Read Replies (1) \| Respond to of 95453

Matt Simmons on CNBC now talking about Crisis 2000-2001

To: Big Dog who wrote (79856)	11/23/2000 12:28:20 PM
From: Warpfactor	Respond to of 95453

CNBC talking about energy sector right now. Simmons was on spreading the gloom and doom. Say rolling blackouts and brownouts will be the norn later this winter. Warp

To: Big Dog who wrote (79856)	11/23/2000 12:55:31 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

What goes on in the oil biz and on W.S. are VERY different: Trust an old broker and a guy that's made his living from the market for many years. W.S. does not look only at fundamentals. If you ignore that, your portfolio will periodically suffer from some real big attitude adjustments. But hey, if you just buy and hold LT? You'll be fine, because the LT fundamentals ARE great and WILL reassert themselves after we have a major correction in the patch next year. So if you have a good day job and don't invest for a living, you're "10 feet tall and bulletproof"<g>. However, that's not true of everybody here, Big. Having said all that I'm still looking for a real good rally before the bigger patch correction starts. Best Isopatch