SI
SI
discoversearch

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

To: Crimson Ghost who wrote (33382)12/22/1998 5:07:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 95453
 
I am anticipating that the OSX will dip below 47.39 tomorrow in its quest of a new low below the Oct low of 45.53. An ultimate low of approx 42-43 would be expected and will either go straight down Wed and Thurs or dip below 47.39 then rally to say 50ish then straight down again. One way or another, it would be heartening from an elliott standpoint for the OSX to print below 45.53 in the next few days. At that point, a strong rally could be expected-not before. my 2c.



To: Crimson Ghost who wrote (33382)12/23/1998 4:01:00 AM
From: Paul Angell  Read Replies (1) | Respond to of 95453
 
George,

The majors will bring in much needed capital investment. Their business is finance, economics, geoscience, candidate and option generation and well productivity monitoring.

The hands on work of running equipment will still be done by the likes of SLB, HAL and BHI. Drilling activity might not see a rebound for western companies as the Saudis and others run their own drilling rigs.

Paul.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News