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: diana g who wrote (44981)	5/19/1999 7:54:00 AM
From: BigBull	Respond to of 95453

My, my Diana, aren't we bold this morning!? Fur Shur Fur Shur <g> eom

To: diana g who wrote (44981)	5/19/1999 7:58:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

diana g; that's the best ''buy the dip'' news yet, OPEC seems very serious. ...had to take a vacation break & catch up on the news. OSX 63-68 shouldn't really scare anyone -from a technical standpoint it makes sense to back and fill and build a higher support base for the move to OSX 100ish. However; it wouldn't surprise me if we turn anytime here.... I'm bascially into the stocks at the prices I want to be ''in'' at here; doing a little trading in both directions and positioning myself to be in a solid ''hold'' mode for the next leg here; which imho, will be a run to OSX 100ish. Waiting on RIG, SDC, CAM, WFT, GLBL, CXIPY, SCSWF weakness here.... trading HLX big on this bounce off of $5 (thanks Bull - vbg)...so lets all be putting HLX on those buy lists <VBG>!..... and allways doing the E&P thing. The next leg will build once again on OPEC's compliance report in June and hopefully an increasing Rig count, or some positive project news.... irregardless - the E&P's & Integrated's will continue to get fundamentally stronger with these Oil & Gas prices; they will have some great Q2-3 earnings reports. Wouldn't mind timing a profit taking spike in the E&P's on the Q3 earnings report period - and rotating some E&P profits back into more of an equal weighting into OSX stocks; as I expect Sept/Oct to be a big turning point for the OSX companies... OSX-wise; month by month we get closer to an eventual recovery.... RIG $22-3 looks awfully good as a no-brainer longterm play. CAM getting realistically priced here, SDC at $17-18 becomes a must own; many stocks just $2, or so, from strong buying imho.... VTS at $16 looks like a winner as well, missed getting back into VTS after taking profits. these comments were most enlightening: <<He said the kingdom was convinced the price of Brent would hit the $18-20 target by the end of May or early in June.>> ....so maybe it becomes the end of June/July ? $18+ Brent = !!! << He said Saudi Arabia ''looks beyond reports on the market.'' ''We have a close feel for the market. We deal closely with the customers and we are almost certain that we will reach that level ($18-$20).''>> ...maybe, they have a little surprise in store for the ''markets'' ? good luck all