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To: Wolf 2 who wrote (13056)6/15/1998 7:17:00 PM
From: RFF  Read Replies (1) | Respond to of 25814
 
OT: Wolf, I hear you on the oils - started averaging over the last couple weeks and have been hammered. I kind believe that $11 oil can last long though..

Seem to be lots of "experts" on CNBC saying that this has been a good sell off and now we can start buying again - everything is OK. A little too much consensus about the "buy the dip" mentality for me. Think I'll keep what little cash I have left on the sidelines for now. Maybe I'll buy some huge oil tanks and wait for oil to hit $5;]



To: Wolf 2 who wrote (13056)6/15/1998 8:23:00 PM
From: rairden  Read Replies (1) | Respond to of 25814
 
Gag me with a spoon, oils! How about Gold?
Bought my oils a bit early already.
Picking up mining concerns now via a favorite mutual fund.
Anything for sake of diversity.
I see my retirement date receding into the distant future.
Averaged my techs down as far as I care to.
And no margining for me. Just gotta wait out this slump.