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Strategies & Market Trends : Value of Perfect Information

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To: Q8 who wrote (98)	11/21/2008 6:43:06 PM
From: JimisJim	of 262

Q8: well then Mr. Rewcastle is either purely a TA guy who never even bothered to look at a company website, or the person who reported on him is a complete idiot who lacks the ability to fact check... <Mr. Rewcastle also was bullish on offshore drillers, such as National Oilwell Varco Inc., which earned him a return of 140%.> I won't dispute the performance, but NOV has never drilled a well in its life... NOV makes offshore drilling rig equipment and sells services to the offshore drillers -- it is NOT an offshore driller. Jim (PS. I worked for what is now NOV for 15 years)

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