SI
SI
discoversearch

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.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (30532)8/4/1998 2:10:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
It seems if you really expect oil to rebound, you should buy companies with operating leverage, like production and exploration equipment companies, rather than services companies.

As a frustrated bear regarding a bull market, I think Ralph Acampora's capitulation today may presage a short-term bottom. I hope so; I have a few long positions I'd like to sell into a relief rally.

mb