Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: marc chatman who wrote (56210)	12/6/1999 5:23:00 PM
From: ItsAllCyclical	Read Replies (1) of 95453

>> Am I correct in assuming that prevailing sentiment has people now praying for a tradable rally to sell? << Nov was the warmest on record since 1931. What are the odds that Dec will be also? Winter has barely started. Between API #'s, rotation and winter weather I still think we have plenty of potential catalysts (besides value). I'm hanging tough until at least mid Jan. This feels more like a bottom, not the start of bear market in oil stocks. NBL and BR are now below March levels with gas prices weak, but higher than they were last year. There may be another 5%-10% at most on the downside here before we get a either a tradable or buy/hold spike. Tomorrow morning a few more margin/tax sellers and then we close higher. Wend will be great.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next