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

To: Frank Pembleton who wrote (90852)	5/13/2001 2:27:47 PM
From: isopatch	Respond to of 95453

Hi Frank. Yes, those charts surprised me too Darn market is tricky right now with the Fed about to weigh in. IMO, it not only the size of the cut (25 or 50 bps) but also what they say about their bias goind forward that could impact the market strongly up or down. Best regards, Iso

To: Frank Pembleton who wrote (90852)	5/13/2001 11:15:21 PM
From: rails99	Respond to of 95453

Frank: OT/ Agree on the fundamentals for all the metals. Basically they lay off/close up shop and cut expenses and their inventory gains value, if the demand is there. Even CSX (or some other steel co) just offered to buy a European in some kind of deal. In my opinion, you really have to examine for mergers on stock and/or debt type of deals... you may end up with a diluted holding. That is what essentially happened with GE/HON (All the above JMHO). I keep wondering if my WGOV will keep rising in its share price. A good aerospace/energy company with EPS about equal to the best of the oilpatch, reducing debt a little. The only if is they will have to grow too fast to meet contract requirements. I have been trading it and every time I turn my back, it gains some more. I just wait for a pull-back to jump right back in it. I'd say the patch is all set for a good rebound after June, like last year. Slider would most likely add the kicker (in so many words), "with tight stops". I have more or less decided to go with the sil/gold holdings I got, moving towards more cash, then into the patch, as the end of June rolls around. Will definitely be ready to pull the plug on all before 7/4, I can hear the words now: "Guess they decided to trim positions before....over the long Holiday weekend". It just all depends on how the PM corps shapes up for me. Best to you; Rails