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: waverider who wrote (20550)4/27/1998 8:27:00 PM
From: waverider  Read Replies (1) of 95453
 
A strong close? What are you nuts?

"Nah, I look at it this way...A lot of our stocks got whacked early but then came back quite nicely by the close. Mucho bottom fishing in NE, ESV, FGII (not much of a bottom there), etc. Cliff's closed down, but well above it's low."

But the market, the market.

"Who gives a damn. As many a brilliant poster has said here, the money has got to flow somewhere and the ONLY sector that provides value at the moment is the oil service sector. With the tech stocks taking it on chin, as well as grandmothers like Fanny Mae, we did very well."

How can you be so bloody optimistic (sanguine in oil speak)?

"Because I know that 5-6 points either way do NOT a millionaire make. But man, oh man...when Cliff's, Noble, FGII double and then on and on and on with that 3-5 year cycle..."

Perhaps you should fund the rig party for the year 2000.

"Yeah, right. Those Texans would break me with all those ribs they'd eat."

<H>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext