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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (55685)11/30/1999 4:01:00 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
The sharpest trader I know - just told me; watch the NASDQ blow off start...

its coming - and we WILL see rotation back to oil's - watch !

It is coming like a freight train downhill - period. The fundies have made some decisions and the 'rotation' starts soon... bye bye NASDQ - hello Oilpatch...

somethings never change - rotate, rotate & rotate...



To: SliderOnTheBlack who wrote (55685)11/30/1999 4:01:00 PM
From: John Doyle  Respond to of 95453
 
Looks like some short covering now. I live in Florida, and last weekend was a madhouse on the road. It seems everyone down here has an SUV. Got me why you need one in Florida, but it has now become a status symbol. There has to continue to be large drawdowns of crude stocks in my opinion.

Also look at the NASDQ, rotation to the patch?



To: SliderOnTheBlack who wrote (55685)11/30/1999 4:16:00 PM
From: ItsAllCyclical  Respond to of 95453
 
Techs down, cyclicals up. Smells like Rotation...

Watched APA. Very strong close. A couple analyst making calls about the cyclicals. Don't know how long oil will participate, but the value is there.

Grabbed some PXD at the close.