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: SliderOnTheBlack who wrote (30502)	10/9/1998 11:47:00 AM
From: Nello Filippone	Read Replies (1) of 95453

>>So this is what the ''oldtimers'' were warning us about - what a lesson learned... << Slider, Great post ... I feel your pain, this sector was my conservative long term play. In retrospect it would have been pretty hard to for anyone to bail out of these stocks when you consider what this sector has gone through; El Nino, 11.50 crude, single digit multiples without missing earnings, .... Does anyone want to pull the trigger when Crude hit 16.30 and API comes in with yet another big draw? (The turnaround) Don't go fishing yet .... There is some good trading ahead. Nello

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