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: John Carpenter who wrote (37621)	2/16/1999 9:21:00 PM
From: upanddown	Read Replies (2) of 95453

John, I know you are quite bearish and that a lot of your pessimism is based on those nasty charts from the 80's and early 90's. They are frightening and I doubt that anyone on this thread would have the fortitude to outlast (or outlive !) a recurrence of that pattern. I just think a lot of pressure is building up for higher oil prices and a lot of powerful forces in this world (like Big Oil and OPEC) want higher prices and will do what they have to do to get them. A lot of oil bears are saying that the situation will never change and my experience tells me that situations are always changing. It always seems that yesterday's dogs are today's darlings and vice-versa. These dogs certainly qualify as pure mutts. Why can't they be tomorrow's darling's? They are a critical part of one of the biggest businesses in the world, one that probably does more business in a day than E-commerce does in a year. Luck, John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next