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


To: Think4Yourself who wrote (43995)5/5/1999 12:00:00 PM
From: tdl4138  Read Replies (1) | Respond to of 95453
 
After an incredible run...isn't it expected that we go through a round of "profit taking"....or does everyone expect a parabolic trend...

The only number I would intently focus on is the price of crude. As long as the trend here stays firm to higher...the prices of individual stocks will follow.

Shop around and pick up some bargains...add to positions...
Unless crude sells off, this sector will probably lead the market back if the overall market does correct.

Just my thoughts
Dave



To: Think4Yourself who wrote (43995)5/5/1999 12:20:00 PM
From: stan s.  Respond to of 95453
 
OIL, I agree this stock is showing real power after great earnings, very nice support line at 12 5/8, legitimate shot at 18+ given some time.