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 (81786)	12/15/2000 9:57:18 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

FATE.... Sadly; for all true Oilpatch afficianado's here - we're seeing the greatest waste of opportunity & fundamentals in Oilpatch history here... the confluence of alltime high combined Oil & Gas prices & record earnings has arrived directly into one of the great evolving Bear Markets and Bubble collapses and that has totally capped 50% of the fundamentals & activity underlying this sector. Throw all the rules, valuations & usual assumptions out the door in this environment... Bad Luck, Fate... choose your own term. During the last few months - the play was Nat Gas the "commodity futures contract" - not the stocks. Hopefully a few Pigs will walk away here still "fat & healthy" & the majority here won't become HOGS - led to slaughter by staying too long at the still very enticing trough... just my .02 cents... I've got Cash & Gold/Silver stocks and I'm going Christmas shopping..."aint" gonna watch a single tic of the tape today (positioned so I don't have to)... not a pretty sight anyway... Someone wake me up when Cisco hits $35 (VBG) ~ Ciao~

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next