Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Lucretius who wrote (20270)	4/24/1998 1:50:00 PM
From: The Ox	Read Replies (2) \| Respond to of 95453

LT, I think this time you are way off base. You simply can not compare the huge selloff of the entire sector last year to the downdraft we've seen in the last 2 days! Many on this thread seemed to agree that the action earlier this week indicated that we were at a short term top. Taking a few steps back seemed in order. To jump to the conclusion that this sector is ready to see another selloff like we saw last year is far fetched, IMO. The OSX,NE, MDCO and many others had made significant gains and now they are simply catching their collective breath, IMO. The Dow and Nasdaq certainly appear to be ahead of themselves and a correction is to be expected. The quantum leap you are making calling for a bear market just doesn't compute with this investor. We will see who is right in the long run. Good luck. Repectfully, Michael