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 (58880)	1/21/2000 5:33:00 PM
From: SliderOnTheBlack	Read Replies (4) \| Respond to of 95453

The "Anti-OPEC" & "Oil has DOUBLED" Bull$h!^ has started - ie: CNBC Now the cries to stop OPEC and to protect our National interest/Economy are being heard. It's our national heritage to now have a NASDQ that goes up 20% per month, isn't it ?!?! - how dare the market's natural cycle's be allowed to play out on their own ? How dare Crude Oil become the pin to pop this bubble, our bubble, our grandchildrens bubble ? Amazing... Where the hell were these assholes last year at $10 crude when the airlines & transpo's reaped windfall profits due to low energy costs ?!?!? Somehow thousands of Oilfield jobs that were lost weren't important; but the pin that bursts the "Goldilocks Economy" now somehow creates some national emergency ? The Energy Industry ought to do a PR campaign & do a little lobbying in Washington to set the record straight. What duplicity ! All this news is bringing attention to the Oilpatch - that's the good news. I can't wait for the first headline proclaiming $30 Oil ! re: XTO - simply be patient; the street will need to see just two things here for the E&P's to burst out. 1. this qtr's earnings 2. that Nat Gas prices will hold over $2.40 for the balance of the winter heating season, or for them to break through $2.70ish right here. If OPEC still has that March meeting and they "formally" extend cuts - BAMM ! - it's off to the races & speculator's will pop crude solidly thru $30 - then the E&P side will explode. The next 8 weeks are going to be very, very interesting ! FGH pretty interesting today... we will see next week if there is any institutional interest in FGH here; shorts not under any real pressure now, most individual investors allready in, or out of funds. Who are the buyers going to be next week & at what price will they be willing to step up ? I may be a bit high expecting support at $6 1/2 - we may have to re-test $5 ? If so, Sargek will be mainlining Horse Tranquilizers (VBG)... Volatility ! - use it, or it uses you !

To: hdrjr who wrote (58880)	1/21/2000 11:49:00 PM
From: Roebear	Respond to of 95453

hdr.jr, NAO negative point two, judging by forecasts it would appear to remain negative well into next week at least. Here in PA forecast no above freezing temps through wednesday. Snow more likely Sat into Sun. By midweek even a lot of Texas will be chilly or so the forecast goes. Sharing is caring gggggg! XTO seems to like to lag. Maybe it is the perception of hedging in a bullish environment, but that doesn't make sense as it goes down readily on NG pullbacks. Looking at its chart, maybe it is just a follower and not a leader, hey, as long as it gets where its going VBG! Best Regards, Roebear