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: pz who wrote (12127)	2/19/1998 11:26:00 AM
From: bw	Read Replies (1) of 95453

Looks like PDE missed by $.02 Basically been on the "driller sidelines" since selling last Thursday. Seems like I haven't missed too much on the upside & saved myself alot of stress in the interim...Without dissing the populace of this board, I must say that it is unseemly to be putting so much emphasis on going to war while consequently encouraging stock investments. There surely is a parallel to be drawn between the two..but it is still somewhat ghastly to equate a stock portfolio with someone's life. Right or wrong..Now that everyone is aware of what effect war will have on oil prices, enough has already been said on the subject in this forum... As for trends in the sector...I see the funds waiting for oil prices to stabilize before committing on a large scale to a sustainable rally. Just the possibility of $13 oil will keep many a weary investor away for now....IMHO.

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