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


To: waverider who wrote (24616)6/23/1998 10:28:00 PM
From: shust  Read Replies (1) | Respond to of 95453
 
Diamond, I would recommend people taking some of their positions off the table especially if they have large positions. Many of the people on this thread are not very diversified investors. I'm going to hold most of my positions for around 3 years or unless some of my price targets are reached. Examples. Ensco-90, Falcon Drilling-100, EVI-150. Oil prices will stabalize. Like I said it may take a year or two, but these stocks can move up as fast as they went down. Many of the people I know in the industry are buying their companies stocks at these levels.

Wishing everyone the best in their investments,

shust



To: waverider who wrote (24616)6/23/1998 10:43:00 PM
From: drsvelte  Read Replies (1) | Respond to of 95453
 
"Check out the posters from two months ago and compared to now."

Ditto, new thread posters -- for an education, go back to last fall. You'll probably find me talkin' 'bout dem invincible "fundamentals." In retrospect, we should have been lookin' at dem "environmentals."

I've learned the hard way. FWIW, Don't let your capital waste away. Either absolutely or with time decay/dead money.

Unless there is absolutely blockbuster news, I will be out this week.

A great board, a tip of dat Schlitz to yall, yeh!



To: waverider who wrote (24616)6/23/1998 11:08:00 PM
From: NucTrader  Read Replies (1) | Respond to of 95453
 
>>. People have been losing some serious money.<<
Not me, Diamond! I'll come to the party. I've made substantial money in this sector. Well, yes, I've been lucky. But even I've noticed the size of my wins have been shrinking lately....



To: waverider who wrote (24616)6/24/1998 1:03:00 AM
From: 007  Respond to of 95453
 
Diamond, nice of you to drop by and share your wisdom.
Best wishes for your retirement.
007