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: Box-By-The-Riviera™ who wrote (34955)1/13/1999 8:57:00 AM
From: Harold S.  Read Replies (1) | Respond to of 95453
 
Yeah, with oil down 30 cents and the world markets the way they are we are sure to go down hard!



To: Box-By-The-Riviera™ who wrote (34955)1/13/1999 9:10:00 AM
From: marc chatman  Read Replies (3) | Respond to of 95453
 
It shouldn't be much worse than yesterday. The first half hour should be the worst, of course, since all the nervous hands will fold, and smart buyers are content to wait for the price to come to them. The sell-off in OS should be on relatively light volume.

Also, expect negative comments about OS and oil surplus as those who want to buy low try to talk down the prices.

Anyone who wants another bite at the apple on RIG, RON, WFT and some others should be ecstatic.



To: Box-By-The-Riviera™ who wrote (34955)1/13/1999 9:30:00 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
The OSX probably will drop about 5% the first half hour. Could stabilize after that.