Strictly: Drilling and oil-field services Message Board

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

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To: The Perfect Hedge who wrote (3080)	11/18/1997 4:28:00 PM
From: Velocipher.	Read Replies (1) of 95453

All Bollinger talked about was the difference between the trends in oil prices vs that of the oil stocks. Concluding that this divergence likely means that all these stocks are overvalued. Obviously, we know that this divergence has resulted from technological advancements leading to lower costs of production, he failed to mention this of course! The average uninformed person would just assume by his comments that this has resulted as a result of exuberant speculation and momentum. Isn't it amazing how the misinformation just continues to flood in adding fuel to the fire! It only adds to my suspicion that many times these things are well orchestrated.(my opinion only). Greg

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