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


To: BigBull who wrote (43476)4/29/1999 9:43:00 AM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
So, do we sell into strength - take profits, buy more here ???

...or, should we have taken profits ''yesterday'' ...(VBG) ?

2 analysts downgrade OSX stocks today based on price appreciation of late.

Just asking a question here (VBG) ?

...and no Robert I am not ''short'' anything; please - once & for all; profit taking is NOT being short; even though one must ''sell' to physically put all that cash in ones pocket (VBG) !

...here is a positive; What would be the hottest, most upside leveraged stock in the Oilpatch Universe and the Mo-Mo fav' right here if we were in 1998 ?

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> answer --- CDG ! and now how owns CDG ? Who also dominates the shallow water Barge Drilling subsector ? Who is also the most leveraged player to Deepwater ? Who is the only OSX component that is still selling for virtually the same price of the initial Sept blowoff - while the sector is up over an average of 50% ?

risk vs. reward.... ?

chase it now - or, buy on retracement ? $8's again (VBG)...?



To: BigBull who wrote (43476)4/29/1999 11:46:00 AM
From: upanddown  Respond to of 95453
 
Bull

I haven't seen this posted before. It is a summary of all weekly data from DOE/EIA.
(may have to copy and paste)
ftp://ftp.eia.doe.gov/pub/oil_gas/petroleum/data_publications/weekly_petroleum_status_report/current/txt/wpsr.txt

Shows YOY domestic crude production down 10.6% and YOY domestic NG production down 11.5%. With NG usage rising faster than oil and NG much more difficult to supplement with imports, NG might be the faster mover. I notice the NG index is up today.

John