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


To: AltLar who wrote (39528)3/10/1999 7:26:00 PM
From: Mike from La.  Read Replies (2) | Respond to of 95453
 
You're right Larry,
This is what we've been waiting for. Bail out with oil at 14.60. No sir. If OPEC comes through, the institutions will come in. A normal pe of around 20 will double most of these stocks. All that's needed is convincing proof the scales have tipped, and supply and demand are moving in the opposite directions they were for the last year. We may be seeing that now. It would be very easy to miss a 5-10% day by trying to sell and catch a bottom.

All of a sudden everyone's traders, what happened to the long termers?

Mike