SI
SI
discoversearch

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 (10129)1/29/1998 3:59:00 PM
From: jerry sullivan  Read Replies (1) | Respond to of 95453
 
probably profit taking and fear that we will hit Iraq tonight?js



To: Bazmataz who wrote (10129)1/29/1998 4:02:00 PM
From: Thean  Read Replies (1) | Respond to of 95453
 
I'm with the oil trader that GD cited. We are not out of the wood. One day wonder may just be that - one day wonder. Many on this thread would love to get out of the wood because we have been lost (and loss) for so long. It's only natural that the first sign of 5% pop had us of all charged up because we thought we see the light at the end of the tunnel.

I don't like the close at all. In the past a sustainable rally always have money coming in towards the close, not getting out, especially in light of the favorable crude price and Iraqi situation. The weakness towards the close tell me the money that flew in earlier today was a lot of day traders money. Fund money don't leave the same day they come in.