Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Cary C who wrote (13500)	2/4/1999 8:48:00 PM
From: Razorbak	Read Replies (2) \| Respond to of 29382

Oil Stocks Cary: Any participation on this thread is Quixotic, but here goes anyway. Regarding oil stocks, I'm still waiting for the downtrend to finally break. IMO as long as Iraq keeps flooding the market with oil, and the Venz and Nigerians continue to break their OPEC quotas, the current oversupply will continue (6-18 months?). When the trend does finally break, my favorite play is long Fidelity Select Energy Services (FSESX). This fund provides the most upside leverage under commodity price improvements while maintaining portfolio diversity. The front end load is a small penalty to pay for this particularly volatile sector fund. Razor