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: SJS who wrote (90375)	4/24/2001 12:14:06 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

re: MSDW comments on the patch... [..."thinks N/T earnings are in great shape, but "peak"-type earnings appear to be in sight. "] BINGO ! ... sounds like MSDW is singing the same tune that has been discussed here for some time - ie: the when, not if scenario of shareprices disconnecting from the fundamentals - and not just disconnecting, but often disconnecting at the "perceived" sentiment peak of the fundamentals . MSDW also touched on something that I've been pounding the table on for some time: "It is the appearance of peak earnings on the horizon & NOT their actual arrival that signals the peak in shareprices." That's also why I've said that the next "Big & Easy Money" trade in the oilpatch is going to be "net short". The remaining profits are not going to be "Big, or Easy" imho & they obviously haven't been for most SI Oilpatch threadsters given that you can count on one hand; the number of Oilpatch traders who sold & exited to any significant degree the OSX high of 140 at the end of Aug/first of Sept last year; or the final crescendo top in the E&P's at the end of December. Both those "top" calls were made here & quite unbelieveably; they were the literal catalysts for "thread wars" - they couldn't have been met with more criticism. The vast majority of threadsters here traded the Oils like growth stocks & not cyclicals... and they still are. Few also fail to realize that we can indeed be entering a multi-year expansion cycle for infra-structure - especially in the domestic Natural Gas market; but fail to realize that many of the E&P's and the service & driller stocks may peak sharepricewise very early in that cycle - if that indeed has not allready happened. Interesting take by MSDW... they "get it" imho... one of the few & no pom-poms being waved there either; unlike that of most analysts.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next