SI
SI
discoversearch

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 : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (28539)4/16/1999 2:48:00 PM
From: Neil H  Read Replies (2) | Respond to of 90042
 
Re:Oil sector

I went with the big one. Schlumberger slb. Bought at 48 not long ago. Still lots of room to move as oil prices rise and stay up. Not a bad idea for those not in this sector to do some dd and start buying positions. Lots of money to be made. However the drilling stocks are like the disk drive sector. Buy low and hold for appreciation and sell high. They are cyclical and will crash and burn.

Today I sold my Pair. Bought back ASND and CELL. CELL someone mentioned here. After DD it looked like a good entry.

Regards

Neil