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Strategies & Market Trends : Sharck Soup
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To: Mao II who wrote (28832)6/21/2001 7:27:48 AM
From: GREENLAW4-7  Read Replies (1) of 37746
 
Don't forget about the pending world recesson! But the bottom line is OPEC is too greedy!! You may believe they want 22-25 crude, but in reality they need 27-33 crude!

Energy is taking a backseat for the time being, which is fine for me. Look at the 2 year chart of SLB, then tell me its not a buy. Look at the revenue numbers of the drillers some are just too CHEAP!!

ILA is a great bounce canidate but it may see 23-24 before 26-27!
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