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


To: SargeK who wrote (38866)3/4/1999 9:36:00 AM
From: SliderOnTheBlack  Respond to of 95453
 
SargeK; I guess what I am saying is that we should be smarter than -

the average bear - and that includes the Fundies here; we should have been buying into the blowoff of late - and you did, many did.

Yes; I hope the hell the buying continues - and it looks as if it will.

What I am saying is that I want the ''little guy'' to beat the street by buying when they (the Street) have to sell - as in Mutual Fund end of the Month/Quarter Window Dressing Selloffs - as in; pre-API/EIA sell offs as in blatant short runs like we had up untill yesterday...

I think you have to be ahead of the Street here - to get in early; as to be able to react profitably in either direction - buying/selling off of how the Street reacts...

I am not saying the oilpatch is not a glaring bargain here and not to buy here - I am referring to trading. I think OPEC will announce religious-zeal compliance to present cuts, or new additional cuts - even if they don't the trend in supply glut is still going down - so I am positioned to win either way. take profits on good news peaks - or buy on bad news (or perceived bad news - I see no possible bad meetingscenario - only if they have less than 40% compliance going forward from the meeting).

Sure I hope people buy here - but for purely greedy reasons - but yes; to answer you - longterm - almost any oilpatch stock is a screaming buy here long, or even midterm.

My prior comments are short term trading oriented.... SargeK - You are where you need to be - and don't quit cheerleading !

Greed is good....