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

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To: Brian P. who wrote (49532)8/19/1999 2:48:00 PM
From: Wowzer  Read Replies (1) of 95453
 
Brian, I think this thread has an excellent mix of long and short term perspective. Just how much can you talk about the longer term when it's all based on the price of oil stupid (ggg). BigBull comes up some excellent articles talking about increased demand in Asia Europe etc. I think almost everybody here believes year 2000 looks excellent for OSX business as long as oil stays above 18 or so. That is why I have a core position that I won't sell until some fundamental news changes my opinion. However while we wait there is a lot of opportunities to trade this sector. Especially if you believe in a bullish long term such as I do. The E&P's were born to be traded that being said just sold half my TMR at 4 1/2.....
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