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

To: Jamey who wrote (32161)	11/27/1998 7:24:00 AM
From: Crimson Ghost	Respond to of 95453

From another thread. OLEMAN is an extraordinarily good trader. I have been following him for several years and would be a lot richer today if I had heeded his advice more often. When he compared the OS stocks today to the bank stocks in 1990, time to sit up and take notice. 98 Shadowfax/Kitco Inc. All rights reserved oleman . . Thu, Nov 26, 11:50PM CST ( -0600 GMT ) oilservices are like banks in '90 and drugs in '93. Takes faith, guts, and $$ to hang on, but reward will be large indeed. oleman . . Thu, Nov 26, 11:53PM CST ( -0600 GMT ) barb: Yup. I dont bottom fish stocks. But I DO bottom fish an industry. We have First Union in family trust from '90, MRK from '93. When an industry that MUST survive if modern society survives, yoou gotta nibble when the entire industry is on the floor. TDW selling at about 5X, virtually NO debt, biggest fleet in the WORLD, off about 2/3 from its top. Nobody buyin it here but rich fokes.: )