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 -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (47698)7/9/1999 6:21:00 PM
From: stevedhu  Read Replies (3) | Respond to of 95453
 
George S. Cole, a lot of folks are talking about the poor earnings that are expected in the oil patch for this last Qtr. and what it will do to the OSX, but every one know's the earnings aren't going to be good, at least that's what there saying; however knowing that, I would think that the bad earnings are factored into the current prices. I could be wrong, it wouldn't be the first time today, but why buy stocks today knowing there coming down in a few days, unless it's already factored in? Most stocks I follow were way below there Av. Vol. with the exception of SLB,IO,PGO,RIG, and SFY and they all went up, RIG gave up a little but it's had a good run this last week. JMHO
Take Care
Steve