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: Big Dog who wrote (4735)	12/10/1997 12:50:00 PM
From: The Perfect Hedge	Respond to of 95453

We're at a critical point today.If we get some strong selling it could be a bad sign and we might see more selling to test recent ugly,heart breaking,gut wrenching,barfing,sickening lows.We need to hold here.GD

To: Big Dog who wrote (4735)	12/10/1997 1:05:00 PM
From: Iceberg	Read Replies (1) \| Respond to of 95453

Mike, seems like the last time you went for pie, the market rebounded shortly thereafter. Maybe this is a good sign. <g> Ice

To: Big Dog who wrote (4735)	12/10/1997 1:15:00 PM
From: HH	Read Replies (2) \| Respond to of 95453

Since I have very little experience in this industry, could someone help me understand something. I have heard that the price of oil would have to go to below 15 $ to significantly impact the drillers. What would happen to these stocks if the price did drop to 15 $. Surely , it would have some impact on the share price of the drillers. The reason this is of concern relates to a refernce recently from some study from London that predicts (?) the possibility of 15 $ oil. HH