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

To: jim_p who wrote (24935)	8/6/2003 10:59:14 AM
From: aniela	Respond to of 206359

Jim, why is it too soon to but EP ? And do you have the same opinion about WMB ? WMB is showing some strenght here. thanks, wiesia

To: jim_p who wrote (24935)	8/6/2003 11:19:07 AM
From: edward miller	Read Replies (1) \| Respond to of 206359

jim_p, This sentence in your post confuses me: "I still believe the best play off the market bottoms in 2002/2003 will turn out to be buying companies like RRI under $2.00 several years from now." I think you meant that buying RRI under $2 in 2002/2003 will turn out to be look great several years from now. I do not think you meant to say that buying companies like RRI under $2 several years from now will be a good play. At least I hope that is what you meant. I still have some, but not nearly what I had in May. Ed Miller

To: jim_p who wrote (24935)	8/6/2003 5:58:03 PM
From: quehubo	Read Replies (2) \| Respond to of 206359

It is hard to compare OSX this time vs last time since one part of the market is dead, semi's, the GOM jackups have not even responded yet and most all activity increases have only been land based. I like looking at valuations for BJS WFT NBR PTEN for a feel for what the market is thinking. Presently valautions are at the low end of normal. Perhaps today has some similarities to Q4 2000. stockcharts.com[w,a]waclyiay[d19990806,20030806][pb50!b200!b10!i!f][vc60][iut!Lh14,3!La5,17,9!Ll5!Lc5]&pref=G Presently the market cannot believe that Iraq is not flooding the markets with oil, that OPEC is not cheating a these prices with the tightest quota compliance that I can recall and the market is uncertain WTF is going on with NG supply. E&P production data for Q2 is taking away part of the uncertainty and present NG prices are taking away some of the concerns about demand. I am loaded and into margin with NBR PTEN and al my favs. Watch out for utilities they are going to be bleeding from this cold Summer. Cold Winter followed by a cold Summer leads to what this year?