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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (1887)12/1/1998 8:59:00 AM
From: BarbaraT  Read Replies (2) | Respond to of 90042
 
Actually, someone said on CNBC yesterday that oil was at a 25 year low - is that possible?



To: Paul A who wrote (1887)12/1/1998 11:26:00 AM
From: kgreen  Read Replies (1) | Respond to of 90042
 
gotta agree, oil is a sad place but there are still exceptional values there. i am accumulating PDE and FGII on major pullbacks (PDE under 8 1/2 and FGII under 12). both companies are doing well. very well. both have what i call bounce backs where they climb to good sell points (PDE around 11-12, FGII around 16). anyway, i would not argue about the oil sector. it is very ugly.

Kath


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