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


To: Bazmataz who wrote (15163)3/17/1998 6:29:00 PM
From: Lucretius  Respond to of 95453
 
<<<"Yeah, but oil stocks have had such a great year so far, can they keep this up?" What the hell are these guys doing? >>>

Keep in mind they're talking about the integrated oils, TX, Exxon, etc. They have had a pretty good yr. Amazes me along w/ the rest of this nutty mkt. I'm not bullish on the big international oils at all. There's plenty of oil out there, but it must be drilled for. That's why the S & D imbalance of rigs is so key. The S & D imbalance in rigs is why I'm bullish on this sector, not cause I see oil going to $35 anytime soon. Although, that is a possibility. And by owning drillers, we will particpate in that upside. You get the best of both worlds. :)

-Lucretius



To: Bazmataz who wrote (15163)3/17/1998 9:03:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 95453
 
"Yeah, but oil stocks have had such a great year so far,
can they keep this up?"


this is totally asinine....I dont even know what he is trying to say

had a good year can they keep the good year up....

had a good year can this downward trend keep going

either way makes no sense

did anyone hear who was saying oil could go to $7

whatever happened to Ted David...I liked him better than some of them
and they had to take Pisssani off the floor to cover for Joe K because the blonde was so bad...

too bad CNBC stock doesnt trade on its own.......we could all short it