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

To: Shelia Jones who wrote (20320)	4/24/1998 7:08:00 PM
From: Chas	Read Replies (2) \| Respond to of 95453

It is really interesting to watch the sentiment change on the thread. Today, it is mostly negative and I hope that means the recent rally will resume and continue. In spite of the booming oil patch, investing in this sector can make one paranoid. I had some big profits and then held on during the big Nov fall, because the fundis were so strong. Big mistake, for which I was duly punished. Now I trade in and out more than I would like, gunshy of getting whacked again. Even buying and selling options, trying to hedge. My hunch is that this is a ST buying opportunity, and I intend to buy back some NE next week if it corrects a little more. I hope there is too much fear for a repeat of last fall's drop. Even Teddy has gone bearish (I think-ggg) . Good luck, Chas