The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: stan s. who wrote (52072)	7/1/1999 6:28:00 PM
From: kathyh	Read Replies (1) of 90042

hi stan, thanks, i will take a closer look at pten's chart and the osx... fwiw, the same friend told me that he didn't think oil co's purse strings would open up for new explorations, etc., until oil hits 23/barrel... if i recall, too much uncertainty if opec would stick to agreed restrictions etc... or would they all start cheating on quotas when price approaches 20... of course as i mentioned before this discussion was in march, and i have not visited with him recently... he is a principal in one of the co's mentioned... we are certainly closer to 23 than before, if that is indeed a magic number, but not quite there yet... i will keep a closer eye on the oil patch... talk to you soon!! kathy :)

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