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

To: JZGalt who wrote (16175)3/23/1998 3:55:00 PM
From: Flan  Read Replies (2) | Respond to of 95453
 
Just heard on CNBC that Cramer said that he covered all of his shorts in the oil service sector last Wed - Hmmm that is right when they started to move up- What a crock of shit, How big of a fool does he think the public is - Oh sure you absolutely bottom ticked the market. If Cramer checks out this thread I call bullshit....



To: JZGalt who wrote (16175)3/23/1998 4:01:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
Granted, analysts' opinions are worthless, I think everyone on this thread would agree. But I also am begining to question their earnings estimates. I got a lot of negative revisions from analysts the last couple of weeks in this sector, all of which I'm sure will be revised back up at the end of this week. All this on companies who's earnings are supposed to be very resistent to the price of oil.


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