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Gold/Mining/Energy : Diamond Offshore DO -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Lins who wrote (33)12/7/1998 10:21:00 AM
From: Bald Eagle  Read Replies (1) | Respond to of 101
 
Well, what do you want to talk about? I'm in DO, MRL, GLM and SESI.
I think that this sector is close to bottoming if not already bottomed out. Oil is really cheap right now, so anything that pushes the price up will result in these stocks rebounding quickly. I bought before the absolute bottom, but that just means that I have to be a little patient to turn a profit.
P.S. Did you read about that $70MM Texaco platform that they dropped to the bottom of the Gulf of Mexico? Oops!!



To: Jeff Lins who wrote (33)12/8/1998 1:34:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 101
 
FWIW, based on TA, I think DO will see 30 or very close in two to three weeks. Any other predictions?