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

To: upanddown who wrote (26987)	8/4/1998 6:00:00 AM
From: DYW	Read Replies (1) \| Respond to of 95453

I saw something on Bloomberg about Butler leaving Iraq because the talks had broken down, and that there was no chance of sanctions being lifted just yet. (i didn't really look past the headline, but it was something to that effect.) Shouldn't that lend some strngth to oil today, in addition to the slightly recovered yen?

To: upanddown who wrote (26987)	8/4/1998 10:20:00 AM
From: Gottfried	Respond to of 95453

John, [edited] you said >VectorVest certainly throws off some mixed signals. < Yes, they do. It is best to look at their charts, which show a continuously varying stop-loss price. I'm not a subscriber but have used their trial twice in as many years now (about $30 for 5 weeks). I'm also not sure if the value calculation accounts for the differences between industries - probably not. In which case one could still look at relative valuation of stocks in the same industry. VV is not a method to use unthinkingly, but appeals to me because it is consistent and logical. Being aware of the limitations I may yet subscribe. (they have daily and the cheaper weekly updates). The stop-loss will whipsaw you occasionally, but that may be better than accepting 50% losses (example: drillers) by ignoring the signal. Gottfried