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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Alexander Hardin who wrote (6495)1/3/1998 12:02:00 AM
From: GlobalMarine  Read Replies (1) | Respond to of 95453
 
Raph Acampora of Prudential Securities said that he expected to see a bear market unfold in the second half of 1998, and gave his top picks for 1998 all on the short side:

Nike
Philips
Tidewater
Thiokol
Barnes Group

If he thinks Tidewater's going over a waterfall in the second half, he probably thinks the entire oil-services sector will likewise take a bath. There are other forecasters who believe energy prices will begin taking off in the second half of 1998 on a secular bull run, so the battle between the bulls and the bears will eventually be resolved.

Rand