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

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To: chowder who wrote (95162)1/29/2002 11:22:03 PM
From: SliderOnTheBlack   of 95453
 
["You've been missing the action at the Boom Boom Room. It's where all the energy guys went and we've made making a killing the last week or so"]

...yeah right - ROFLMAO ~

"made a killing" ?

The OSX is sitting at 80 folks ?

What those guys are....are the Oilpatch PermaBulls who just didn't get it...who rolled over with the cycle...who gave it all back... who bought into Simmons & Co's NEW PARADIGM BS and who still don't realize that rule #1 in the oilpatch is:

THIS IS, WAS AND WILL ALL WAYS BE... FIRST & FOREMOST - A CYCLICAL SECTOR.

If they were right; we'd be at $20 mcf Nat Gas and OSX 300 by now (vbg).

It's a F#$%#@#n commodity -period.

Nothing more, nothing less... it's a cyclical sector; allways was, allways will be.

These mo-rons bought & held them like growth stocks and bought into the new paradigm BS... end of story - OSX 80 says it all.

...next urban legend ?
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