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: BigBull who wrote (60286)	2/14/2000 5:16:00 PM
From: luq yacub	Respond to of 95453

Big Bull: Congrats on your tubular call. I for one thought you are jumping the gun with your pipes for no one is turning to the right yet. On Monday, Iraq said it cut its oil exports by 10 percent, or between 200,000 barrels and 300,000 barrels per day in an attempt to prevent long-term damage to its oil fields, according to the Middle East Economic Survey. Most people do not realize that a oil reservoir is not like a tap you can turn on full blast without leaving a lot of oil behind. In my opinion we are a reaching a very crucial point in the oil market ,days of cheap oil is numbered. No body complains about $3.00 for coffee these days ,they just have to get used to higher energy prices. Wish everyone a good luck

To: BigBull who wrote (60286)	2/14/2000 6:00:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 95453

I am starting to rethink my OSX scenario. That energy analyst Slider quoted said something very interesting -- to wit, that OPEC has never achieved a soft landing when hiking output. That seems to be the key to the relatively weak performance of energy equities (until today anyway) People know crude is going to come down but doubt OPEC will be able to achieve a soft landing in the low 20s. When and if these doubts are ended or, at least, lessened, energy stocks will take off -- wherever crude is trading at the time. Perhaps we saw some of this today?