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

To: The Perfect Hedge who wrote (7762)	1/12/1998 9:10:00 PM
From: Arizona Pete	Respond to of 95453

Glen, Pistol Pete was coined by our resident cheerleader and since I don't wear skirts, I will pass on that name! I really am not a bear at all. I seldom play the downside. However when faced with the obvious a prudent person stands aside. My post 5691 states my opinion on the trend. Even though I am chomping at the bit to buy, I see no current evidence that the trend has reversed, thus with the exception of BDI (yesterday and today) and a short pop in TTG, I have stayed away from new entrys into the drillers. PEng on the AOL board catches a lot of flak, but he is astute enough to not buck the trend in spite of the compelling fundamentals of the drillers and his previous very bullish posture . I am not nearly as astute as he nor do I posit to know the direction of the market. I just try to follow the trend, and the trend is and has recently been down. Az Pete