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Gold/Mining/Energy : Exxon Mobil (XOM)
XOM 120.35+1.8%11:48 AM EST

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To: Jeffrey Beckman who wrote (48)10/16/2000 12:54:11 PM
From: Crystal ball  Read Replies (1) of 585
 
XOM down: Chevron Texaco CHV+TX merger will COST earnings..Oil Bubble Bursting. Oil Services going down, I warned about this, and we will see how much smart money can get of of Exxon Mobil XOM before the Oil Bubble Bursts...waiting for a dividend and taking a big drop on the stock price is not smart. Drillers are always happy to BS to get your money. When you see Chevron CHV and Texaco TX executive talk on CNBC later, or maybe even Cavuto, you will see the fall out hot Exxon also. Incidentally, Joseph at Saloman is dead wrong on INTC and CSCO dropping in sympathy shows how the DUMB money is so quick to provide cover to brokerage house clients that have large short positions to cover after Friday...remember whatshisname on being bullied by Armstrong and all at AT&T T to upgrade for LU and AWE spionoffs, and now downgrading.....cause his house would not have been underwriting the business or earning the fees? Thats what analysts are worth today....don't get "hook"ed on them. DD and common sense is whats it all about. Techs are still the only growth, as said today the NASDAQ is the wold economy.
I am,
Truly your$,
-Crystal Ball
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