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

To: kumar L chalasani who wrote (30461)10/7/1998 5:56:00 PM
From: kumar L chalasani  Read Replies (4) | Respond to of 95453
 
Does nobody want to answer my question?
It is of constant surprise to me that whenever I ask for answers or
opinions here on this very sage thread, i never once get a response.
Nobody loves me?

Does any one care to comment on the fact that several large block trades (sells) have
been occurring lately? Lehman Bros, Smith Barney, etc are dumping these stocks in a big way - why now? are they trying to hold on to whatever gains they have for the year because they need to show some profits, maybe putting their money to work somewhere else (bonds? hedge-funds?) or do they know something more - worse news
than we can imagine about this sector?
I'd really like to know because I ammore nervous these last few days than ever before.



To: kumar L chalasani who wrote (30461)10/7/1998 7:03:00 PM
From: Fredman  Respond to of 95453
 
Christ, you should be worrying about the ENTIRE market, and the ENTIRE World monetary system, not just Oils. The 'collapse' of the market hasn't REALLY trickled down to the general public yet, what will happen when it does ? and how soon with that be ?


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