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


To: waverider who wrote (26531)7/25/1998 8:04:00 PM
From: VLAD  Read Replies (1) | Respond to of 95453
 
Diamond,

Save the doom and gloom for a late night horror story. No matter how bad things get oil will always be a valued and needed commodity. If the camel jockeys could only get their act straight, we wouldn't be in this panic frenzy but it will pass sooner or later and then the tide shall turn.



To: waverider who wrote (26531)7/25/1998 9:18:00 PM
From: Alaskaman  Read Replies (2) | Respond to of 95453
 
History is wonderful isn't it? If my memory serves me correctly each time since 1932 the wonderful world of stocks had taken the preverbal nosedive; oil and other defensive stocks did most excellently. Truly a man of your caliber should recall the past vividly. This is only based on hear say and hard facts but what do I know.....The past may not reflect the future but if we do not learn from our past.... The rest is most certainly history. I tend to learn and grow from past mistakes. If your shorting oil my friend you may be bit by another snake called greed cause the money already has been made. May be a small drop still coming since the rest of the earnings hubbub are not in but then up, up and sorry to say you were left holding the Spam!



To: waverider who wrote (26531)7/25/1998 9:23:00 PM
From: Jamey  Read Replies (2) | Respond to of 95453
 
Diamond, whenever you attempt to draw any rationality from the stock market, that is the time that you should question your rationality. <G>
At times it can be compared to the actions of a schizophrenic.
Any psychiatrists on the thread? We need your opinion on the drillers.
Santiago