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 (37742)	2/18/1999 1:40:00 PM
From: Jim Kendall	Read Replies (1) \| Respond to of 95453

Perception is everything. Many of these stocks could easily pop 25% when the perception about crude prices changes from "still may go lower" to "crude prices have stabilized". This could happen at almost any time in the next 3 months. When this perception changes, bottom fishers will swarm in to cause the pop. This will then draw the attention of others and who knows what can happen then. Perhaps an overreaction to the upside. If you look at longer term charts, even after a 25% pop a stock like FLC, for example, still would look like it is near the bottom and seem very attractive if sentiment has changed from negative to positive.