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: chirodoc who wrote (30525)	10/9/1998 12:21:00 PM
From: Douglas V. Fant	Read Replies (1) of 95453

Curtis, The 30-year bond says a slow year in 1999. So if stocks run 6 months ahead of economic conditions, then we should see a sustained upturn in the stock market in mid 1999. The problem is, is that the 30-yr bond has predicted 11 of the last 5 recessions-i.e., it's not totally reliable. And as pointed out yesterday in a CBS study, if you were out of the market the 20 best days from 1991-1998, then you return was cut in 1/2. So for that reason I'll own OS stocks now and just keep a stock loss under them. These stock s have had 50-70% "haircuts" in this downturn . Might they go lower- possibly. But the upside reward outweight the downside risk here with most OS stocks IMO.... Sincerely, Doug F.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next