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: SliderOnTheBlack who wrote (85396)	1/26/2001 9:30:17 AM
From: Big Dog	Read Replies (1) \| Respond to of 95453

Slider, Day rates are moving up nicely. See the last post of mine from Lehman. I talked to the CEO of a major GOM driller last week...he says they are "on fire". I think you underestimate the power of these drillers. (Not saying the stock market will respond to fundamentals, but the business of the business has never, ever, looked better.) big

To: SliderOnTheBlack who wrote (85396)	1/26/2001 9:41:06 AM
From: Think4Yourself	Read Replies (3) \| Respond to of 95453

If one believes, as I do, that the market looks six months out then the market has seen the lows. Just looking at what the NAZ did the last 6 months suggests the market IS forward looking. I am betting that the worst is over for MOST of the companies as far as stock prices go. A stock picker such as yourself could easily find ways to capitalize on some of the overpriced stocks still out there. Yes that WAS a sincere compliment (maybe I should see a doctor!). PMCS DID catch most people offguard but ERICY was no surprise. I am hoping to do some select buying on the weakness today as this is a key sector going forward IMHO. It probably hasn't bottomed yet so not jumping in with both feet. CNBC reported this morning that cash continue to pour into the sidelines, and not from exiting the market. Bottom line is that the next few months will be great for traders, and also great for buy-and-hold persons who do decent research and who don't need the money for a year. The folks who don't know how to do either will do better by staying out of the market. Can't say I see gold as a good investment if there is a semiconductor slowdown, and we are currently in the down side of the cycle. Chipmaking is one of the very few industries that consumes gold. Maybe if we have a depression...