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


To: Jamey who wrote (31272)10/29/1998 3:49:00 PM
From: articwarrior  Respond to of 95453
 
" When stocks rally on bad news it typically marks the beginning of a sustainable upmove."

This is true most times except when tax selling season is upon us. Currency valuations go crazy. Look to demand and supply in a cyclical stocks. Yes long term these stocks will soar but like I said before the supply/demand side of this equation does not bode well short term. By second quarter 99 we will be on track if OPEC can tame the 3rd world brothers in black until then enjoy the volitility by trading oil...