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: Wowzer who wrote (59585)	2/2/2000 12:48:00 PM
From: ItsAllCyclical	Read Replies (4) \| Respond to of 95453

Roy until the Fed makes it's decision institutional money is not going to come flowing into this sector in bulk. Look at the volume, on average it's pretty light across the board. It's been stated that this sector can really only be moved by fund buying vs individuals. Mid day profit taking is not surprising. If you want to sell XTO near what will soon be a 52 week low...go for it. I actually feel a little better about my XTO investment given your sentiment.

To: Wowzer who wrote (59585)	2/2/2000 12:58:00 PM
From: SliderOnTheBlack	Respond to of 95453

Rory - that is BLASPHEMY ! and you are hereby fined 100 shares of XTO ! ... shame, shame on you (VBG). Keep the faith - we are steadilly compressing our own little coiled spring here; fundamentals are building like steam in a tea pot - wall of worry is 10 feet tall and the OPEC meeting is only a few weeks away... Patience my son. Post OPEC meeting to end of April/1st of May will see 30-50% sectorwide run up - bank on it; it is going to happen & it happened last year; with less of a wall of worry and much, much less favorable commodity prices !

To: Wowzer who wrote (59585)	2/2/2000 1:19:00 PM
From: BigBull	Read Replies (3) \| Respond to of 95453

Actually Rory, I'm not that disappointed with today's action. I would be if I owned THE institutional lovebird, aka, SLB. Most of my stuff is doing ok today, I ain't complaining. I think Jim L. is onto something with institutional dumping into strength before the fed reports. Here's to hopin' the greenster don't beat our brains in today. <g> Re, SESI, I figure there is enough early cycle stuff in there to really help them over the next 2 qtrs., but I wouldn't chase it. Still, the volume's been building the last few days. I'll try to hold til 9.