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


To: Thomas M. who wrote (10637)2/5/1998 8:35:00 AM
From: Lucretius  Respond to of 95453
 
I don't follow his opinions too closely. he's just a motley fool poster for god's sake, but if I recall correctly: He was looking for 200 in NE and other outlandish prices for other drillers earlier in the year. He did call the Oct pullback, but missed the bottom by a mile. He then proceeded to call a couple of false bottoms. then, he called an overall bear mkt for the entire US mkt. He had to recently cover his shorts for a subst loss. Remember, this guy is a petrol engineer. The moral to the story is: move outside your area of expertise and beware!

-Lucretius