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: The Perfect Hedge who wrote (10121)	1/29/1998 2:39:00 PM
From: Swede	Read Replies (2) \| Respond to of 95453

ESV upgraded to Buy by Salomon Smith Barney

To: The Perfect Hedge who wrote (10121)	1/29/1998 3:52:00 PM
From: Bazmataz	Respond to of 95453

Why is GLM pulling back? Most of these stocks are pulling back now. Is this rally sustainable? I'd like to see the same close, but have stocks ticking up and ending near close. Many of these stocks are retracing. Are we REALLY out of the woods yet? Last time oil was at these levels, our stocks were significantly higher. I know, the price of oil doesn't REALLY have much to do with these stocks, but Wall Street seems to think it does, so why aren't they buying more? Could a lot of this be short covering? If so, once the shorts are out, more may reenter. Comments? Am I just a pessimist? BC