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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Cynic 2005 who wrote (75917)11/17/1999 5:34:00 PM
From: sammaster  Respond to of 86076
 
re: oil

if the whole market tanks then everything including oil goes down with it...
the techs were weak today so if sector rotation occurs into the "hot stock" then oil may be bid up higher...
recent momentum and good news leads me to believe that drillers will reach new highs for the year...

i bot esv and rdc calls at the recent lows....both are near yearly highs and may "breakout". a few more up days and im going to bail since oil is so volatile and it is getting ahead of fundamentals..
which the recent rapid rise i expect a break soon and then i will reload calls for the post y2k possible shortage of oil...

samir