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: hdrjr who wrote (54864)	11/16/1999 9:41:00 PM
From: BigBull	Respond to of 95453

hdrjr, As I understand it, reporting energy companies are required to report to the DOE, whereas reporting to the API is voluntary. On that basis, some believe the DOE numbers to be more accurate. But then again, this is the oil business where supply/demand figures are notoriously flakey, we ain't talkin' semiconductor book to bill ratio's here. I mean, every week, the analysts guess wrong - right? IMO the important thing to watch is the aggregate smoothed out trend, which, for US stocks is down across the board. JMVVHO Bull