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


To: HH who wrote (21221)5/3/1998 3:02:00 PM
From: Lucretius  Read Replies (2) | Respond to of 95453
 
Interestingly enough, I have posted that message on some of the hardcore perma-bear threads (Gold Monitor, Big Kahuna, etc.) Most laughed it off and said it will happen eventually but not yet. A few agreed. You know what they say about the bears capitulating at a top?

As for my money, I have been buying gold, Japanese ADRS (Japan will get temporarily wacked if we do, but they should bounce back quickly and are already near a bottom, and if I'm wrong about the US I still make money), and cash. Sold all of my other US equities a couple months ago except for my drillers, and I will be selling them very soon.

-Lucretius



To: HH who wrote (21221)5/3/1998 3:08:00 PM
From: sand wedge  Read Replies (1) | Respond to of 95453
 
Heard some very bullish comments on the course today about land drillers as a group and some very positive comments regarding BDI specifically. This from a highly respected individual within the sector. Anyone tracking BDI?

On the bull/bear debate, I appreciate all posts. The value of this thread is the information from all perspectives. The thing that makes it different from any other I have participated in is that all views are welcome and debated intelligently and most times, with humor.