Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: oilbabe who wrote (46791)	6/23/1999 12:10:00 PM
From: The Ox	Read Replies (2) \| Respond to of 95453

I disagree with your premise that we are going lower. First, I think it's too early to tell, since it's only been a "rally" for about 3 hours<vbg>. What's the downside in RIG? 24 maybe and probably only for a short dip? WTI Crude has moved up over 50 cents last I checked and the recent drop in crude was seen by many as a technical move. I'm not expecting explosive move to the upside but I don't believe we are heading lower in the near term. We will see.... Michael