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: diana g who wrote (31106)	10/25/1998 2:15:00 AM
From: articwarrior	Read Replies (1) of 95453

When a stone is thrown into a pond its ripples are sent throughout the whole pond. Those looking for much more upside without the oil supply / demand balance are in for some shocking surprises. Economic fundamentals rule in this industry. The prices we all bought in at the last three weeks was very good and a double bottom would imply a recovery. Don't think that the double bottom doesn't mean a further downturn or a classic BEAR trap. The wheat has grown and the harvest good. Enjoy this small bounty and reap the benefits by at the very least taking some profit from your holdings. If the sector is turning around and shoots straight up from here then you will still be invested. If the sector takes a correction from its recent run-up then you can enjoy the benefits of buying in at a lower price with your profits. May you reap the rewards of intelligent investing OH YEAH JMHO....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next