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: Thean who wrote (5732)	12/19/1997 3:37:00 PM
From: bw	Respond to of 95453

Thean...I'm also flying up to the Northwest [Portland] this afternoon and will be out of touch until next week. I agree, that this has been the proverbial blood in the streets scenerio, and have taken advantage to stock up for the new year...Unfortunately, now that my principle is invested..it's like going on a vacation without enough cash...the opportunities abound, but I'm pretty much stuck enjoying the scenery.. [and the scenery ain't too beautiful around here lately!] Have a good weekend all.....

To: Thean who wrote (5732)	12/19/1997 4:17:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 95453

Closing nicely off the lows and excellent news from Chevron. Next week looks promising......... Mkt reality: we're forming a bottom (just leading the cheers!) bw- what do you know about CSCO that makes you want to go short other than what's already out there? Just curious? -Lucretius

To: Thean who wrote (5732)	12/19/1997 4:28:00 PM
From: Nancy	Read Replies (2) \| Respond to of 95453

Thean, I believe the sector has suffered both technical damage and fundamental damage. Many have violate 200 dma support. and a warm winter, low crude, particular low natural gas price only make the picture worse. P Engr's assessment is on target. Still lots of profit in this sector not being taken yet - those invested year ago or so, they may be shaken enough to decide to get out. I see things will turn uglier before better. We may not see same Jan/Feb recovery as we hope for.