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: Ditchdigger who wrote (56815)	12/13/1999 4:03:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

Maybe the fundies are re-balancing their Energy portfolio's ? No reason for E&P's to be ramping up like BR & APA up $2+ etc and the OSX selling off 3 points + from intra day high ? Maybe the valuation gap is closing - it was there, the E&P's were too oversold in comparison to the OSX. Bringing E&P's up & OSX down to equilibrium ? ... a natural sector rotation ? OSX looks like the entry range here; RIG PTEN FLC GLBL OII NOI VTS look real attractive here imho. I want SII WFT CAM - 3 core holds, a little cheaper yet - $3ish lower on each. I like adding HAL here vs. BHI, or SLB fwiw in big caps. OSX 65ish will hold - regardless of a crude retrace; as long as $21-22+ holds and as long as NG holds. I am trading on the one caveat of the NG price chart and crude if it retraces, doing so slowly... any spike down in crude, or a retrace in NG back to sub $2.20 and I would trim, or wait. Crude is not going sub $22 for ANY period of time and thus; trading on the NG price chart makes the most sense here imho.