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: Crimson Ghost who wrote (43204)4/25/1999 7:55:00 PM
From: articwarrior  Read Replies (2) of 95453
 
PLEEEEEaaaaassseeee.....Let all believe that oil will retrace to 12 per barrel...PLEASE....Papa will be scooping up as many shares as humanly possible on any kind of retracement!!! I filled up Friday on RIG.....Boy have these wonderful analysts got their heads stuck in the sand! Baby just keep pouring on the negative spin until May.... Then let all beware...OPEC is going for full price movement. The article that George just posted is exactly the kind of stuff I want Wallstreet to believe. Does OPEC really want 12 dollar oil again...NOT!!! I'll tell you what they would love to do and that is sucker in all the shorts and slam them home! What better Bear trap then what we have going now.
The boys on Wallstreet want this panic selling in order to fill their coffers up. They missed the parade and now want to get it back. Only problem is that we are getting too close to May 10 and I only see upward movement in anticipation of OPEC announcements.

WHY?
Think about it folks...the global Psycology.

1. OPEC needs the world to know that they mean business in cutbacks to restore confidence and stabilize the price of oil.
2. If the numbers aren't fantastic this go around then their will be panic selling and in fact the retracement will be huge.
3. The global Cartel has brought about a united effort to support price structure.
4. Finally... Ask yourself this question. If all the above factors are playing out where do you want your money when the numbers are released?

HAL at 25 wooooo FGI at 9 ahhhhhhh!!!!!!

Sideways thru coming Friday then climbing through announcement.

Artic's Black Crystal Ball is glowing greener by the minute!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext