Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: cherrypitter who wrote (48692)	8/1/1999 11:31:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

Cheyrl Strauss Einhorn now has ZERO Credibility in my opinion ! per the Barron's article. She was the original Oil Bear - then jumped on the bandwagon, pounding the drum on this OPEC led run up - and now has done yet another 180 degree spin..... What a Joke ! ... does she ever have an original thought ? - or is she just an easilly manipulated pundit-mouthpiece for the Street; easilly able to be ''spun'' in whatever direction the powers that be choose to pursue... ...and this has nothing to do with her being a ''woman'' - so save the barbs - okay... What is true; is that we may indeed have a technical correction in Oil Prices ( but not Nat Gas !) due to the degree of speculative investors who are long crude futures versus the actual players who use crude products. This factor alone - historically leads to correction. But, the fundamentals are strong and getting stronger. With Asian demand looming as an incredibly powerfull catalyst; if OPEC maintains production quota's - the future for crude prices is extremely Bullish; any temporary corrections aside.... my 2 cents . $lider PS - Go Gas !

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