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: Big Dog who wrote (41222)	3/30/1999 12:09:00 PM
From: gpphantom	Respond to of 95453

Not much volume so far in the issues I follow.

To: Big Dog who wrote (41222)	3/30/1999 12:51:00 PM
From: JungleInvestor	Read Replies (1) \| Respond to of 95453

Big Dog, there is always the fear of the unknown - aka "unpleasant surprises", so I don't hold much hope for a big end of day rally. My GUESS is that the API numbers tonight will be positive for distillates and gasoline, overpowering any increases in crude - for the third week in a row. Another guess is that this could "fuel" the continuation of the Oil Patch rally in the weeks ahead as analysts realize that the "glut" is disappearing before the latest OPEC cuts even takes effect. Look for continuing EIA revisions to reduce their supply and increase demand numbers in the coming months.

To: Big Dog who wrote (41222)	3/30/1999 3:02:00 PM
From: dfloydr	Respond to of 95453

<<Can we look for some buying during the last 2 hours in anticipation of API numbers?>> We are also at the end of a quarter. I do not recall what the cutoff date is for a fund to count a share in their portfolio. Normal closing is 3 days so perhaps the opportunity deadline has passed for fund window dressing?