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: DYW who wrote (33116)	12/18/1998 12:24:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

<<Why aren't we seeing this impact on the stock prices in the sector?>> ...because the ''powers on the Street'' are playing this sector like a cheap violin ! There are ''few'' Mutual Funds or Institutions that ''can'' buy here untill the 1st of January; due to their having to take allmost historic tax loss selling writeoffs... The Street will ''spin'' this and short the sector with everything they've got untill the 1st of Jan. Watch this thing unwind then ! The short covering will be huge, simply huge here... We WILL have another 30-40-50% run up here starting Jan 1st imho. Simply not enough buyers here to move the 'patch untill then imho. PS more on that ''infadel'' Fadel Gheit <VBG>.... ...this duplicitious puppet was touting the Oilpatch as a historic contrarian play 3 months ago; now Crude and the Oilpatch are hopless; crude could fall another dollar or two !!?? - $8 ??? If this A$$#@)* touts the Oilpatch as oversold or undevalued in the next 12 months he sould be ran out of town ! HE will forever go down as a Dorfmanesque Marrianette...<VBG> Poppogiggio Gheit !!!

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