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

To: Crimson Ghost who wrote (39286)	3/8/1999 4:47:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

George I understand what you mean... 80% of people are better off to buy & hold - never an arguement there. That is my basic style; Unfortunately a little mistake in June & July forced me into being a ''trader'' <VBG>.... what do they say about a silver lining in every cloud... I just see some very predictable situations here. First there are huge short positions in the Oilpatch. So when we get a Rally based on emotion - which is what a ''bet'' on '' what OPEC will do'', is; we will get a magnified move up imho. So I will take profits on the magnified highs. ...and as sure as what goes up too fast - will come down even faster; I will be prepared to buy new lows as well if OPEC does not cut. good luck - see you at OSX 100+ by June 2000 and 125+ in 2001.