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


To: marc chatman who wrote (26209)7/22/1998 12:56:00 PM
From: Richard D  Read Replies (2) | Respond to of 95453
 
Marc,

I believe you bring up a good point regarding Fidelity. Just imagine when people wake up and smell the roses regarding the bargain basement prices in the oil patch. Inflows can be much swifter than the slow bleed we've experienced this year. In fact, I think this Select fund will have much to do with our anticipated rally.

Regards,

Richard



To: marc chatman who wrote (26209)7/22/1998 1:00:00 PM
From: tdl4138  Read Replies (1) | Respond to of 95453
 
Pissani on CNBC just made it offical...oil service stocks have not made a bottom today..like we hadn't figured that out....

Sept crude -.12



To: marc chatman who wrote (26209)7/22/1998 1:30:00 PM
From: Wallace Rivers  Respond to of 95453
 
Great post, excellent rationale.



To: marc chatman who wrote (26209)7/22/1998 1:42:00 PM
From: Amelia Carhartt  Read Replies (1) | Respond to of 95453
 
Marc:

Sector Funds are not the only ones that have energy holdings.

Do, my eyes decieve or is black starting to show up in the patch?



To: marc chatman who wrote (26209)7/22/1998 1:52:00 PM
From: TulipMania  Read Replies (1) | Respond to of 95453
 
You mean to say that even the actions of professional fund managers are driven by blustery retail sentiment?

Shocking!

Slimer, where are you today? Thought you'd be here to mark today's mid-day reversal with some soothing bullish chat!

Mike