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


To: drsvelte who wrote (34989)1/13/1999 11:05:00 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
This looks like just another brief market shakeout. The big one is coming but not just yet. When the market goes down for the count we probably will see something like Dow up 300 in the morning, but down 300 by the close. These early morning selloffs usually are good buying opportunities.

Gold should also be watched closely. When the bear begins in earnest gold probably will soar.But the yellow fell sharply yesterday and is down again this morning.



To: drsvelte who wrote (34989)1/13/1999 2:28:00 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
O/T drsvelte - can you prescribe some medication/sedatives ?

<<We're still in Bubble mode - DCLK up 6 and hits 52 week high.>>

Are you a ''real'' - ''Dr.'' ? Because I think I'm going to need some valium shortly.... Been trading the Internets today - bought into the selloff this a.m. - covered a few CYCH 2-3 trades, ZOMX, PROG, IDTC (strong all day) PTVAL - all 2nd tier companies... talk about the ''Pucker-Factor'' - Whooooaaa Nellieeeee

If I ''hit'' this and the bubble isn't broke - going to be bringing a Wheelbarrow of cash back to the Oilpatch.... If the bubble breaks - part time job at 7-11 for life ....<VBG>.

I saw the selloff into Yahoo & Intel's earnings release as prudent profit taking; but more importantly a buying opp. I then woke up to Brazil's news. Saw the capitulation; and imho - Brazil has absolutely NOTHING to do with the Internet - nada ! I was too ''puckered'' to buy AOL AMZN CMGI etc. - bought into the solid 2 nd wave of companies that I think will benefit with this slew of Internet Conferences - the Net will go to another entire level upward from here imho - aint seen nothing yet. I saw the ''pause'' here in the oilpatch and this window of opportunity in the Internet to make some quick cash to bring back to the Oilpatch on this dip; as soooner, or later the high flyers like AMZN will correct bigtime. However - I have spent a week researching Net-Land; and folks there are solid profitable companies to get excited about - this is for real, but playing the high flyers is insane here...

RON @ $26 is a TRADER - $4 in the bank on any good news. PGO cheap, RIG here is a no-brainer; SCSWF - come back to $7 1/2; CXIPY on a dip etc.... Trade 'em - right Big ?

good luck

PS EVER is a great longterm E&P here folks - in a conference tomorrow... lowest cost producer in America ! 40% + 5 year EPS growth forecast - just do it....