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: SliderOnTheBlack who wrote (24865)	6/27/1998 6:12:00 PM
From: NucTrader	Read Replies (1) of 95453

>>IMHO; you may have won the ''catch a falling knife'' award on that one...<< I caught it alright! Remains to be seen whether by the point or handle. I do think Friday was a bit overdone, discounting almost entirely the possibility that meaningful cuts could come out of the OPEC meeting. The Noesis predictions, which someone posts on the thread, worry me, though, and they have been accurate so far. If we head lower, I'm betting it won't be at quite the torrid pace of Thursday and Friday [time to get out without a hugh loss?]. I drew some trend lines on a 1 and 2 year chart to try and figure out where support lay. I'm an amateur and imagined support around $30 with next stop $20?!? I'm certainly willing to listen to those with more experience and hope this is a theoretical discussion.....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next