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: SliderOnTheBlack who wrote (50080)	8/30/1999 4:22:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 95453

Slider, Good man- There's lots of good plays in the E&P Sector without profiting over the blood of innocents. Matthew 25:31-46 called "The Judgement of the Nations" makes it very clear what happens to those who do just that.... My guess is that the strong profits levels of companies in the S&P 500 will prevent any big market collapses. Also Greenspan needs to raise rates further now in order to avoid upcoming Y2K issues and also impacting the Year 2000 Presidential elections. His hands will be tied in terms of any mor eriases shortly-so it's now or never.... So my guess is one more rate rise and then interest rate silence for the six following months. About two months ago when gold prices dove, that suggested (if you beleive this corollation) that interest rates will begin falling 180 days ahead of that gold price falloff. If true then interest rates should begin to tail off in about 3-4 months...So maybe long term bonds will shortly be a good investment. And profit margins/cash flow in E&P companies just look great moving forward. Hmmm energy/OS stocks and bonds- strange bedfellows but maybe a profitable combination....

To: SliderOnTheBlack who wrote (50080)	8/30/1999 6:30:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Slider, I have tremendous respect for Belkin, but he sure has one hell of a lot of company in expecting doomsday. quote.cboe.com These OEX numbers are demonstrating phenomenal bearishness on the the part of options traders. Some of the put/call ratios in open interest and volume are extraordinary. If it's 1987 deja vu all over again, then it will be the most anticipated and planned for bear market since "The Fall of Man" Belkin may be right, but usually this many option traders aren't. It usually pays to bet against these guys. These are a lot closer to reliable bottom numbers than they are to top. These numbers are reflecting "PRIMAL FEAR". JMVVHO