SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RGinPG who wrote (8598)1/17/1998 1:22:00 PM
From: Thean  Read Replies (3) of 95453
 
Ron, please keep an eye on S&P500 vs OSX for us. I seriously think the drillers are at the mercy of the overall market right now. OSX has strong correlation to S&P500 since early Dec. Would appreciate if you can update this very important indicator once every week. Thanks a lot for your work.

In the day-to-day volatility, people seem to lose track of the bigger picture. The concerns that took us all down here are still out there. Don't talk about a turnaround just yet. We should talk about setting stops to protect recent gains. We all like to be optimistic because we have high stakes in this game. However, in this overall difficult market (a lot of analysts say the whole 1998 is going to be like this), one should think hard about risk management and not just hitting home runs.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News