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: Tulvio Durand who wrote (10316)	2/1/1998 5:41:00 PM
From: Erwin	Read Replies (1) of 95453

Tulvio, I think your analysis on the short-term market reaction to an increase in the oil for food deal is correct. I'm not so sure I agree with your analysis of the long-term effect. I posted the news for a couple of reasons and one was disgust. This is not to say I want to starve women and children - it is that we had a short run based mostly on dropping crude prices and I began to feel some earth under my feet. I was even considering jumping in and adding a couple hundred more RIG on Monday morning because of the three-point hit they took on Friday. Now, I am just going to stand on the side and see what happens Monday morning. I don't know why I should be so concerned because I am long term with no margin. I should stop watching the day to day activities much the way Glen should stop watching the spot crude prices. That guy is going to have a heart attack. Erwin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next