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


To: TulipMania who wrote (28521)8/28/1998 11:36:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
I think the bulls on this thread must be selling. By now, nobody outside this thread owns any oil service stocks, and I can't believe the shorts are wasting their time here today, with such other great prospects (although, on a %age basis, I'd bet the OSX is among the worst performers -- which is some improvement).



To: TulipMania who wrote (28521)8/28/1998 11:40:00 AM
From: MARK BARGER  Read Replies (1) | Respond to of 95453
 
No OSX bounce today, it continues to drop like a rock. I saw a 90,000 share buy and a 30,000 share buy on DO this a.m. But no action today except a contined slow slide south. FGII looks like it wants to go up but the whole sector and market look so weak, no chance today, at least yet. OSX down another 3% so far today.

Mark



To: TulipMania who wrote (28521)8/28/1998 11:45:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Risk vs. Reward; historic opportunity ? - CRB @ 21 year low !

If you don't bottom fish on a commodity oriented sectors at a 21 year low - when will you ?

''Historic'' opportunity - a 21 year low; kind of says it all doesn't it....

Time will tell...the very thing that will make this scenario so very, very profitable, is so few will dare venture into the depths of darkness; as emotion over-rules logic in human behavior 90% of the time... We are no longer in a market controlled by logic/mathematics or fundamentals, but one of pure investor emotion & sentiment and this = tremendous opportunity to take advantage of this human weakness.