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: Flan who wrote (7116)	1/9/1998 12:24:00 AM
From: The Jedi	Read Replies (1) of 95453

Don't get your hopes up for institutional buying in the near future. Every sector is being taken back and shot one by one. It started with the Techs (semis, DD makers, mini/micro). When the market turns and starts going north probably much later in the year then techs would be the first one to go north and that is what the institutions would be buying. If crude oil hits below 15 forget any institutional buying for a long time, and definitely not if crude hits below 12. Till crude does not find a bottom kiss this sector goodbye. I will keep buying puts on any rally. Kiri

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next