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.

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

To: Platter who wrote (36854)	2/5/1999 11:13:00 AM
From: SliderOnTheBlack	Read Replies (4) \| Respond to of 95453

Bingo ! - << Funds are slowly shifting out of Tech into Paper, Oil, >> Downgrades of late are to drive prices cheaper; Sector Rotation is coming and its coming ''Large''... did you see Alcoa , couple of copper & paper producers just pop yesterday ? Raymond James downgrades VTS today = last buying opp; watch it move very soon... NE downgraded and so on... this is allmost criminal... "MM" games will start here - the Street wants in, but ''on the cheap'' here and wants to cover shorts into weakness not strength. . Also, watch the Pundits start touting Oils & Commoditys next week - CNBC,, the magazines etc. The huge liquification Globally will mean many more $ chasing less Oil. We will produce less oil & gas this year - shut ins & E&P cuts aren't even close to showing up in stats yet. The big secret in nat gas is yes supplies are higher than forecasted; but - there is no where enough drilling activity to ''backfill'' even this lowered demand once supply is worked off - I believe Douglas commented on this as well. If OPEC announces new cuts - ''to the Moon Alice'' ! I tried to short some insane E-Brokers today - no stock available - missed 20-30% gains; this madness will end & end ugly. Hoping for a ''pop'' in Oils & will use profits to short the inflated-mania issues on the way down ... anyone following Anthony@Pacific thread ? - very, very impressive...fwiw. Trying to make a little ''side'' money to buy more FGI GIFI VTS PGO CXIPY so ridiculously cheap... Drillers seem to be getting the ''pop'' here -Mfg/Svc companies will soon - they are ''the'' buys here ie: FGI GIFI et al...