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: Gary Burton who wrote (38639)	3/2/1999 10:19:00 AM
From: S. M. SAIFEE	Respond to of 95453

May be OPEC will trigger market sell off..flowing funds into hard assets

To: Gary Burton who wrote (38639)	3/2/1999 10:20:00 AM
From: BigBull	Read Replies (2) \| Respond to of 95453

Gary: Well the one in '90 was caused caused by a Saddam oil spike.I made lots of money during that one being long BHI and DI (remember Dresser?), especially when ole Saddam torched half of Kuwait, had to be quick though. My only real concern with my long positions in OS is that the liquidation currently taking place in treasuries will go berserker and spark an '87 type crash. Oh well, at least that one was over in 1 day! <vbg> I do subscribe to Wolanchuck's thesis previously posted. I'd be delighted to discuss that at some future time when the markets are closed. In the mean time I've got some other stuff I want to post here about Iran. Then I'm scurrying over to check out the OEX put premiums! <vbg>