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: Bazmataz who wrote (3393)	11/20/1997 6:02:00 PM
From: james paterson	Read Replies (1) \| Respond to of 95453

PDS closed slightly above it's opening so bought some more in the last couple minutes. I think the institutions are holding off buying because of the price of crude concerns. While the news from the gulf may be construed by most as bearish for crude, I feel that in the medium term it will be bullish. Saddam called Clinton's bluff & guess who blinked? He will be more difficult than ever to deal with & even worse, other dictators will be encouraged by his success in not backing down. No doubt the state dept will try to put a good spin on it. The bottom line is that there will be more instability over there than ever, & it would'nt surprise me that if out of frustration the U.S. does attack Iraq. James