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: bw who wrote (23710)	6/9/1998 3:49:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

IEA was one of the reports I heard this a.m. ...with stalwarts like GLBL and CXIPY down substantially today - it looks like some funds are exiting even the quality companies. That damn Noesis graph that called for $12 oil 8 weeks ago is looking very ominous right now... I'm overall comfortable where I have bought most oil stocks. I will make once last moderate entry to lower my cost basis on core holds EVI, CDG, FLC, FGII on any dips and perhaps into TCMS and BDI as long term holds as well. I only now am realizing the ''true nature'' of long term holds... as we may be looking at a very flat 6-9-12 months before supplies diminish enough to satisfy the market - OPEC has one last chance... However; even with $12 oil; I'm not selling a single share; time to ''sit in the pocket''...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next