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


To: PartyTime who wrote (43507)4/29/1999 12:49:00 PM
From: SliderOnTheBlack  Respond to of 95453
 
CNBC; Deutsche Bank says $18 Oil is a ceiling - sell into strength...

....obviously, they as well - just don't realize that the world is awash with empty tankers that just can't find any damn Oil out there (VBG) !

Vindication ?.... nothing like beating the crowd to the party...

Predicting what the Street is going to do - will make more money than analyzing what these stocks, or crude prices will do. It is the ''Streets'' reaction to these stock movements - that leads to the pot of gold....

OSX down - E&P index up 2.2%

Deutsche Banks Oil Analysts were #1 market timers in 1998 in the Oil sector fwiw - issued actual ''SELL" downgrades today....how many times have we ever seen ''SELL" ratings ? - all price related however; and gee (!) - they used the concept that OPEC got too much too soon - and were worried about them cheating after the initial compliance numbers were out.... my what a novel idea.....

Pom-Pom squad - why don't you flame Deutsche Bank

- I report - you decide (VBG) - just like FOX .....

...someone had better be cutting & pasting a whole lotta good news, real quick-like folks.... for those of you who still think individual posts move the market (VBG) ....and you be knowing who you is.

The ''sub-tile'' shorts is after us....Robert !

...laying for more RIG PGO FLC on substantial weakness; - so selling is a good thing ultimately - I'll be cheering when I can buy these guys ''right'' again... don't see a major retracement - but this will all be about the Institutitons beating each other to the door locking in 50% short term profits, if this small blip retracement turns and feeds off of itself. Still too many laggards for a major blowoff imho - when nothing looks cheap - then we have Big Trouble in Little China... but, not yet...

Anyone buying anything here ? Selling ?