SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SliderOnTheBlack who wrote (38912)3/4/1999 1:52:00 PM
From: The Ox  Read Replies (3) of 95453
 
The last time we saw oil prices shoot up, you were the first to declare that the long awaited reversal was here. Unfortunately you were dead wrong, as oil immediately dropped back from $12.80 or so and fell back below $12 very quickly. After that reversal, many of the OS stocks made new lows. Not all, but many.

Now, we have a couple day rally in oil prices partially fueled by Greenspan's comments and you are ready to say that all who are cautious short term are full of "negativity". So be it. Your rose coloured blinders are obvious. You should stay in your world of eternal optimism and I'll stay in my world of cautious reality.

Let me ask you a simple question. Why would I invest in a sector if I didn't think that "Our day will come"???? Simple question with a simple answer.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News