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.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (533)	8/7/1998 9:45:00 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 81101

Bill: The difference between oil service and gold is that oil service was a huge institutional favorite from 1995-1997. Some of the stocks were ten baggers during that period. But the institutions suddenly turned against the group because of Asia and its impact on oil prices. So the bottom fell out in a few months. But gold has been in a bear for years and these stocks never were popular with institutions. Interesting to note that Asia is the common factor dragging both down.