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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (15919)7/18/2002 5:53:20 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 36161
 
Slider:
Additional rate cuts are VERY RISKY. They could crash the dollar and trigger a HUGE outflow of foreign capital.



To: SliderOnTheBlack who wrote (15919)7/18/2002 8:20:37 PM
From: jtech  Respond to of 36161
 
<<Getting ready to return to my BEAR-BUNKER and waiting to re-load the Yellow Train.
GOLD: Foi est tout>>
Now your talkin slider,I was gettin kinda worried you were turning bull.Its ok to take a trip on an airline but I wouldnt want to buy one.
I really would like to start buying my oils here though.RIG around $25 and my favorite TDW.Im waiting for the oil panic sell off.Ive seen it a few times.RIG reports on 7/30 and the ceo always is so negative on the call(I think thats when he buys his shares).Its like clockwork ,I suppose thats why theyre called cyclicals?



To: SliderOnTheBlack who wrote (15919)7/18/2002 9:08:31 PM
From: jtech  Read Replies (1) | Respond to of 36161
 
Ive got a question for you.
Remember when oil was trading for around $10?
It seems the same targets for the osx hasnt changed but the oil price is more than double.I always thought the price of oil determined the stock price.I can remember buying Rig and TDW at 24 and oil was 10-12 per and all I wanted was for oil prices to increase and the stock followed?
Why the disconnect here? Weve got oil @25 and the oil stocks are where our last bottom started.
I would also like to thank you.Whether you realize it or not you have helped a few investors make alot of money.