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: RGinPG who wrote (11829)	2/17/1998 10:54:00 AM
From: Broken_Clock	Read Replies (2) of 95453

rg, The osx does trade with oil.However, the values are so solid with earnings out now and the CCs pretty positive that the funds are probably looking at this as only a one day deal. We've given some up but it can come back in 5 minutes with news in our favor.It's an amazing sector. This is probably based on the UN visit. Kissinger said last night that we are past the point of no return.If we don't go in now then we loose all credibility in the Gulf with our last "allies"...Kuwait and the other defenseless countries.They will be forced to cut deals with Iran/Iraq in a hurry. This will embolden Arabs on a mission which has never changed---Israel. We may have temprary respite in the region but Sadam will come out of this like a god over there and the overall situation will deteriorate. This is what Kissinger is concerned with. The volume isn't alarming on the sell off yet. Will just have to wait and see. PK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next