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.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: excardog who wrote (6854)2/21/2002 11:18:47 AM
From: GREENLAW4-7  Respond to of 206126
 
X-dog, what has me so confused is OSX tanked last summer as crude held 28 -30 area. Now we have crude making very small gains and the OSX jumps 3-4%?

I have not liked what I have been hearing w/ Russia, BHI, RIG, TDW and others. Sounds like many in industry expect 16-18 crude due to slow demand.

Checkout some of these stocks, they are trading at levels 10-15% from peak in 2000 cycle; WFT, SII, WFT, and SLB.

I am more confused w/the inventory data then I have been in last 3 months.

How could this be the start of a new cycle when you look at the fundamentals, and w/ the Russia issue crude should be at 18 just on the thought of a price war.

Who am I, OSX up on crude rise by 40 cents,when it fell by 68 cents yesterday OSX was flat?

Go figure??



To: excardog who wrote (6854)2/21/2002 1:29:48 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 206126
 
>> Getting close to 90 OSX are you going to short in here? <<

WFT and SII which have been leaders of late broke above their 200 ema's. I suspect before this run is over the OSX will do the same. Watching here, but I suspect there will be some great shorts in 1-3 days.