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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: diana g who wrote (31530)11/5/1998 8:43:00 PM
From: Big Dog  Read Replies (5) of 95453
 
lady di -- While the price of oil may or may not be co-related to stock prices (i say it IS over the longer term) -- there is absolutely no doubt that the underlying companies can not and will not make "a lot" of money with low oil prices. Therefore, it is just a matter of "time" before the stocks react (go down) as long as oil prices stay tanked.

These stocks are going nowhere fast as long as oil prices are low. Trade 'em.

So sayeth the Dog.

ps. I will get a newsletter out this weekend. His CountryDoggedness has been in the cess pool of humanity for the last few days, wheelin' and dealin'. Talk about about a fish out of water....one moment I'm drivin' my pickup truck in the beatiful Texas Hill Country and before you can say Remember the Alamo I am walking down Madison Ave. (on my way to have a pleasant dinner with my pal Mavis :) ...sorry Teddy.

Just a couple of hours ago I was actually IN Harlem. Can you picture His Honor in Harlem??? But never fear, I'm back in the warm womb of mother Texas now...safe, fat and happy.

big
loosbrock.com
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