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Strategies & Market Trends : Three Amigos Stock Thread

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To: Razorbak who wrote (13599)2/6/1999 12:09:00 PM
From: Sergio H  Read Replies (1) of 29382
 
Razor, perhaps in evaluating the oil sector a historic comparison would be of help. Major oil shares are within a whisker of the absolute lows of 1986. A worthwhile analysis would bring one
to compare the outlook then and now. Also meaningful for evaluation purposes is a comparison of the price of a barrel of oil in the two time periods.

An evaluation may lead one to initiate a position in the major oils, via a mutual fund or other vehicle with a quixotic eye on entering a position in other types of oil stocks. Hope this helps.

Amigo Sergio
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