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

To: Lucretius who wrote (31650)11/10/1998 11:12:00 AM
From: Jamey  Read Replies (1) | Respond to of 95453
 
<<Unfortunately, I think the drillers will likely see at least 50% to 80% losses from here till the ultimate bottom.
Good Luck!
-Lucretius>>

You called the direction but what leads you to make a call of 50-80% bottom?

Regards,
Santiago





To: Lucretius who wrote (31650)11/10/1998 11:34:00 AM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
You also said just recently that there would be better sectors to short than this one.



To: Lucretius who wrote (31650)11/10/1998 12:24:00 PM
From: diana g  Read Replies (3) | Respond to of 95453
 
OSX at time of that post (Nov 1 --"down at least 50-80% from here") was approximately 68. Now approximately 66.

Down 3% so far. Only 47% more down till you start being right.


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