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: Think4Yourself who wrote (47904)	7/13/1999 5:53:00 PM
From: RBlatch	Respond to of 95453

The figures aren't that hard to come up with. All you have to do is "guess good"! <ggg> Just goes to show that we can do it a whole lot cheaper then the experts. The API figures are totally unreliable in my opinion anyway. I don't think anyone really knows what the current supply/demand really is or how to factually compute or track it. DOE numbers are only a little better. Cordially, RBlatch

To: Think4Yourself who wrote (47904)	7/13/1999 6:03:00 PM
From: upanddown	Read Replies (2) \| Respond to of 95453

It never made sense that gas would be up this week since the just released figures include the Sat-Mon of the holiday and all indications were that vacation travel was quite heavy. The fact that crude closed above $20 for the first time in 20 months also indicated that positive figures were expected. This whole consensus of estimates is really mysterious. Who are these "experts", who decides they are "experts" and what special information do they have to make educated (uneducated?) guesses ? I would be interested in knowing if they are analysts or traders or whatever. They could very well have private agendas based on trading position since there is really no economic incentive to be totally honest in stating their predictions. John