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: waverider who wrote (23479)	6/5/1998 1:35:00 AM
From: Chuzzlewit	Respond to of 95453

The Long One? I think you've ODed on viagra! Seriously, the way I look at this market it is clear to me that the health of the land drillers and the shallow water outfits is going to depend more on a rebound of the Asian economies than OPEC meetings. While the cash flows still look good even in the low priced oil environment the market sentiment is decidedly negative. OPEC decisions to cut production are really only momentary palliatives because of widespread cheating. Even when motives are pure for the first few weeks greed takes over. But given the mercurial nature of this sector I'm afraid to leave for greener pastures because I am certain that as soon as I do the OSX will shoot past 130! So, for better or worse I will stay here and watch the progress of my tortured holdings in the patch. Still long ESV, still long GLM, still very very long VRC. TTFN, CTC