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Rowan Companies plc Message Board

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  • reji reji Aug 27, 1998 10:45 AM Flag

    I Give!

    Looking at the situation in Russia, and yet
    devaluation of currencies in South America. I still see
    atleast 20% to 25% dorp in price of the oil stock from
    todays level. I am very bullish on long for oil stock. I
    have been in the oild since 1973 Arab oil ambargo and
    1984-86 glut and all I have seen is oil price goes higher
    and higher as the population and demand grows. If you
    are in hold it and if youare not in buy today don't
    wait for 20-25% drop it may be for few hours. We all
    don't know when, may be today or may be tommorow, but
    after that it is all over. JUst hold it and get rich.
    Day traders..keep your hands off oil..it is not for
    you guys.

 
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