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


To: SliderOnTheBlack who wrote (31343)11/1/1998 3:22:00 PM
From: VLAD  Read Replies (2) | Respond to of 95453
 
No reason for personal attacks (let's keep SI at a different level than Yahoo). Let's give LT a chance to respond with the important information he has to share in terms of the coming bad news. After all it is his credibility that is at stake. He can say what he likes with a 50% chance of being correct but if he can back up his predictions with credible facts then we can give him credit for being more than a good guesser.



To: SliderOnTheBlack who wrote (31343)11/1/1998 6:59:00 PM
From: Lucretius  Read Replies (1) | Respond to of 95453
 
A US and European recession must be priced into oil prices, that will give you your final leg down in the drillers, IMO.

I never said they would lose 80%. read my post again or go back to your pocket dictionary for help. (G)

as for what I see for the rest of the mkt... I didn't say a word about it. I'm talking about the drillers... period.

I think the US mkt is going lower too though if you really want to know. I post regularly on the Invest Ltd thread if you want to find me.

-Lucretius