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To: A. Geiche who wrote (51392)9/19/1999 6:47:00 AM
From: Ditchdigger  Read Replies (2) | Respond to of 95453
 
41 degrees here this morning,if I heated with gas or fuel oil-I would be burning it this morning..;^)DD
Crude skyrocketing, cold weather creeping south and a tropical depression forming in the Gulf,Canadian storage levels far below the US on a % basis....NG should begin to move,IMO



To: A. Geiche who wrote (51392)9/19/1999 6:59:00 AM
From: Roebear  Read Replies (2) | Respond to of 95453
 
A. Geiche,
Relax my friend, Slider is Slider, he has paid his membership dues like the rest of us and any chat savvy reader here has their own responsibility to do poster "DD". Neophytes will learn the hard way as we all did to some degree. As one who has posted here on SD to being very long FGI, I thought it would be appropriate to repost my reply to you from Yahoo here:

ageiche,
FGI is in the process of putting in the right shoulder of an inverse H&S formation. Personally, I was hoping that with the release of merger news
and the ending of the quiet period that we would be spared going down to the levels of the left shoulder, 9 7/8 to 10. Unfortunately, due to the
recent events and continuation of the quiet period with its uncertainties and the Bullsh*t Bullseye on a defenseless FGI, it appears that we will not
be spared the indiginity of revisiting 10. If down momentum maintains it is likely we will exceed this target to the downside. I believe I posted on
this board awhile ago the possibility of a spike down. Gary does very well with his EWaves, but except for his analysis I do not put much faith in them.
The inverse H&S and base that FGI is putting in is a powerful formation. Providing that the general market does not cr*p and take OSX with it,
this formation would forecast, IMHO, a substantial increase in price which should approach levels of the formation measurement 6-10 months
out.
All please note this is **IMHO** = "In My Humble Opinion"
BTW, I was shocked, as a long time reader of Sliders posts, by his reply to Finance 65 post about Rowe at IR. I found it very "illuminating".
OTOH, I don't really mind the short term shorts, they are the ones that will supply the gas on any takeoff for FGI. Even though I am a bit too long
with FGI, at the appropriate time (hopefully), I will be reducing my cash basis by adding on. **IMHO**, it will be an excellent buying op for a
LT investor and the closer it gets to 8 the greater my eventual upside!
************

Best Regards,

Roebear



To: A. Geiche who wrote (51392)9/19/1999 7:12:00 AM
From: in_outdaily  Respond to of 95453
 
As a new SI contributor, I'd state that Slider has every right to post his 'take' on the FGI/HLX merger, as much as I dislike the content, as I'm long on HLX.

Slider's posts are entertaining and have, upon occasion, helped form my investment decisions in the past. His opinions may have a short term effect on a stock, but so might mine... (buyer beware <grin>)

Ultimately, the company at issue will stand or fall based on the merits of its own actions/inactions.

On the other hand, I find Slider's penchant for personal attacks objectionable (as do many of the regular contributors here).

That being said, I'd hope that everyone here enjoy the fact that the regular contributors on this thread appear to be some of the most knowledgeable folks I've had the pleasure to learn/profit from - and the noise/content ratio here is excellent!

Let's try to keep the extraneous noise to a minimum. It kinda reminds me of spitting in the wind, Yahoo style...

Bill



To: A. Geiche who wrote (51392)9/19/1999 1:32:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 95453
 
AG--Say what you want about EW, it doesn't matter to me. We each see what we want to see, I guess. Such is the nature of psychology, as is reflected in the market....I suppose what I am trying to convey to you is that the chart 'spoke' awhile back and it 'said' Going Lower, Folks. If Slider had not come along after the fact, then something else would have appeared in his place....The market is 90% psychology since it reflects the tug and pull of peoples' emotions re greed and fear-the buyers and sellers by and large know the same information so the fundies aren't really too relevant at the margin.Only the net reaction to the fundies is relevant and that is in the emotion arena as depicted by charts, which measures what people DO and feel re the same information. It doesn't matter to me if you agree with this or not. Stick with what works for you and what you want to believe. That's fine...All I'm trying to convey ro you is that Slider is the wrong horse here. If you prefer to think he is the reason why FGI is where it is, then I suppose that's fine too. As the saying goes-people believe what they want to believe.