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.
Strategies & Market Trends : Waiting for the big Kahuna
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bearshark who wrote (22288)7/25/1998 11:39:00 AM
From: jim black  Read Replies (3) of 94695
 
To all: I've been a lurker for some time. Afew comments. I'm an old fart=56. Been around awhile...the old timers tell us to buy low and sell high. Companies like RIG,SLB, DO, HAL are not going out of business. NEVER is anyone comfortable buying companies when the prices are low. There has to be a gloomy outlook for them to be low.
Now just think of it, 70% of the world oil reserves are beneath Muslim countries, they are by nature unstable, often fanatic, they hate us, and we will not have forever have cheap oil, AND no one rings a bell at the bottom. If your horizon is 3-5 years, I doubt we will be sorry we were in this sector. I sure the hell am buying at these levels.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News