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.
Strategies & Market Trends : Range Bound & Undervalued Quality Stocks -- Ignore unavailable to you. Want to Upgrade?


To: BWAC who wrote (2196)5/17/2000 11:16:00 PM
From: Jane4IceCream  Read Replies (2) | Respond to of 5499
 
I think the fun in the oil sector with the drillers and the service companies will carry over towards the end of the year if not later if the current trend is an extended one given supplies, weather, foreign companies compliance, OPEC, etc. The offshore drillers will be reporting better and better earnings once things are ramped up and rig count moves up as well as dayrates. Some major discoveries coming on line in NZ, Caspian Sea and offshore South America and Africa. Watch for the majors like FLC, PDE, RIG, etc for Q3 and Q4 earnings and stock appreciation.

The service companies are always alittle lagging but they have made some great moves the past few days as maybe more monies are rotating into this sector from techs and those who have monies sitting on the sidelines. My SFS and KEG have made great moves past few days.

Gas and exploration stocks will thrive .....look at the price of gas and it is climbing. Maybe some shortages later, who knows but my BSNX, THX, SFY stocks are heading north rapidly.

Who can predict the future but I am safer in this sector holding and making good money than holding the likes of CSCO and JDSU. Analysts are all raising targets for these stocks lately attracting new monies.

My opinion.....know nada about CNBC as I generally dont tune it in.

Jane