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.

Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Larry S. who wrote (33974)	10/26/2001 11:38:22 AM
From: E.J. Neitz Jr	Respond to of 53068

RAD---the turn came when they restructured their debt. Probably a good longer term speculative play.

To: Larry S. who wrote (33974)	10/26/2001 11:49:40 AM
From: E.J. Neitz Jr	Read Replies (1) \| Respond to of 53068

One possibility on Domestic Oil Stocks. Analysis: If oil and gasoline prices have plunged to lower $20's per barrel past few weeks, why have most DOMESTIC oil and gas producers stock prices jumped past few weeks. Generally they move in unison with price of oil. Bizzarre? Maybe not. I think the smart money has been buying recently on the anticipation that the US will move the war effort into the Gulf region....and production from Iraq will stop, and that Iran and possibily Saudi Arabia will cut back production or cease it based on our recent tensions with them(many terrorists are from Saudi Arabia--including Bin Laden). If that is the logic, how can we equate that dire senario to the general rise in stock prices? The answer is it doesn't correlate. Maybe another reason for caution.