Strictly: Drilling and oil-field services Message Board

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

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To: BigBull who wrote (72576)	9/7/2000 3:18:27 PM
From: Think4Yourself	Read Replies (2) of 95453

Well Bigbull, just look at what has happened to the spin doctors lately. That guy who wrote about all the oil at sea came off looking like an absolute moron. Even worse, when folks started thinking about his BS they realized there is actually a tanker shortage. The only time you hear about oil at sea is when the shorts are fantasizing. Same thing happened to the AGA rep who last month said 2.9 TCF was no problem. He came off looking like an idiot as well. The fundamentals are obvious at this point so persons who try to spread disinformation lose whatever respect they had from investors. When people get hit in the pocketbook they pay attention. We will continue to attract investment dollars as more and more folks start looking at their bills. The shorts may occasionally have a good day but overall they are going to get crushed in the coming months. I believe oil is still going up due to the lack of tankers and refining capacity. It may be a bubble, but it may also be a bubble that could get a lot bigger and be around for awhile. As a long I sleep very well. If I were short I wouldn't be able to sleep at all.

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