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


To: Paul Angell who wrote (30306)10/3/1998 7:54:00 PM
From: Seaworthy Lyric  Read Replies (1) | Respond to of 95453
 
Paul,

You might be right, in two years it could be too late....timing is always the hardest part.
I subscribe to the theory of present overcapacity, and even if it is not true for the oil sector I think that once the market fully recognizes that global overcapacity is partially responsible for the present condition these stocks might suffer a bit in a general sell-off. For the moment I really like oil, gold, silver, and some other commodities as well as puts (no not osx).
But like I said before in the long run you cannot go wrong with these stocks.

In short I might sometimes disagree with but truly enjoy the insightful and educational information found on this thread. It is the Yahoo, Hooray, there is no way but up approach that sometimes bothers me.....usually I do not react to it.....but not always....

Thanks,

Jerry