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: SliderOnTheBlack who wrote (56857)	12/14/1999 1:24:00 PM
From: BigBull	Read Replies (3) of 95453

Looks like a plain old fashioned oil/osx cycle to me. A good Matt Simmons description of same. Clearly, OS's are now in the lull period. simmonsco-intl.com I think this one will last longer and go further than the last, due simply to the fact that emerging markets are entering a much stronger economic cycle than the last. KEG = 4.25 or FLC = 10.25 whichever comes first. Both have quick 40% upside from those levels and very little downside. Good risk reward ratio. Will plow trading profits back into the pipe layers GLBL - HOFF for longer hold. Maybe OII. OII = license to steal. If PDE gets wacked down to high tens first, I go there. Drillers first. Offshore construction after.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next