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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (52363)10/4/1999 2:47:00 PM
From: Crimson Ghost  Read Replies (2) of 95453
 
Slider:

Nobody really knows where OSX will trough, although my guess is 70-72. But what I am looking for and have not yet seen is OSX outperforming crude. My experience in commodity stock investing investing has convinced me that it is very dangerous to get long the stocks when they are underperforming the underlying commodity as OSX has been doing for some time.

The ideal entry point would be a day when crude drops sharply and OSX goes down just slightly or actually rallies a bit. Not today unfortunately, but getting close methinks.
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