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


To: Broken_Clock who wrote (17772)4/2/1998 8:45:00 PM
From: Ryan Mak  Read Replies (1) | Respond to of 95453
 
Anyone can comment on the new IPO ... Horizon Offshore? It was priced at $13 and closed around $15 today.



To: Broken_Clock who wrote (17772)4/2/1998 9:05:00 PM
From: Lucretius  Read Replies (5) | Respond to of 95453
 
Maybe so. who knows. i just don't like the future of their business so I figure why own it?

OT****
something everyone should read as I believe we are reaching a top in this mkt in the coming months (maybe sooner, futures opened up 12 now they're down 1 :(

stocksite.com

I believe the oils will come out better but definately not unscathed. In fact, rising oil prices may contribute to the downfall as I believe many are overestimating the supply/demand imbalance. I suggest picking out a good short that will go sideways w/ the mkt rising, but will get murdered if the mkt tanks. Hence I shorted NKE a while back. Hope I'm not dillusional, but I have been seeing everything this guy said. Tells me that I'm not alone. However, like I've said, I'm just a peasant. Maybe I'm nuts!

oil's up another .14 tonight!!

-Lucretius