Strictly: Drilling II 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.

Strategies & Market Trends : Strictly: Drilling II

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: gold$10k who wrote (6152)	1/7/2002 10:25:19 PM
From: Frank Pembleton	Read Replies (2) of 36161

Vt, great article -- at-the-moment there's a lot of talk of recovery because of the move in base metals. It's a signal dammit! But a signal for what? There was a program on the tele the other day called "The Great Game," it was a 2 hour history of the stock market. I wasn't too bad a program I even stayed awake for most of it. There was one segment where they illustrated charts on base metal stocks (including steel companies) where they became 5 baggers during periods of war. They just rocketed through WWI and WWII time periods - nice place to be as an investor. I think the moves in these stocks are very much like the moves in the Canadian integrated oil companies. This isn't a sign of recovery as much as it is a war insurance premium. I think Mr. Market is giving us a signal of a prolonged and expanded war in the ME Regards Frank P.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next