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


To: whitepine who wrote (88594)3/13/2001 12:36:41 AM
From: barrcuda  Respond to of 95453
 
I was working with a tech-rep from Motorola this afternoon when I noticed the DOW down over 400 points. I told him and he proceeded to tell me about his wife's IRA being in the toilet. They will both have to continue working longer than expected and are feeling much pain. I've heard this repeated several times now and I feel very fortunate to have ridden oils up and moved most of my 403 into a gold and PM fund. I have not made a large return on the gold but I have saved my ass because of it and it is up. Several days ago on the other thread one of our friends said he went margin again. I only hope he can survive that. I feel no joy in seeing these people suffer but what a great lesson it has been and I no longer feel bad about getting out of oils a little too early. Thank God I'm a chicken $hit. Good luck to all and thank's, especially to SOB.
PS: I am the original baby boomer and when I decide to do something there are usually 50 million others on their way.