SI
SI
discoversearch

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: SliderOnTheBlack who wrote (91123)5/23/2001 4:44:44 PM
From: isopatch  Read Replies (1) | Respond to of 95453
 
"...no gold bugs here" Ex-act-ly !!(g)

Key is knowing where the action is - EARLY in a sector move and...

Where it AIN'T - late in a sector move.

Doesn't matter if you're ST, IT or LT in your holding period.

Just stick to your own trading style. Hit the barn with your timing. And you'll make a lot of money in this game.

Really like the strong buying right on the close in PM stocks. Very bullish going forward.

Best regards,

Isopatch



To: SliderOnTheBlack who wrote (91123)5/23/2001 11:49:39 PM
From: RIK  Read Replies (1) | Respond to of 95453
 
Slider - Forget about $18 OIL. There is lots of the stuff in the world .... the problem is that the owners are not thrilled about parting with it for less than $25. OPEC wins .

Gas - every pi$$y-a$$ed marginal gaswell in N. America that is close to infrastructure has been tied in. Production from existing gas fields has been maximized The result is high flush production rates today that will exhibit extremely high decline rates tomorrow . Natural gas prices should remain high for 2 to 3 years.

Agreed that this is a cyclical business .... good times for three years IMO.

Gold - one very expensive paper weight.

whodathunkit