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: SliderOnTheBlack who wrote (50670)	9/9/1999 8:29:00 AM
From: BigBull	Read Replies (1) of 95453

Slider, My technical work shows that the recent selling in E$P's is largely concluded. Lots of potential doubles in the micro area. As you know, I still own all my E$P's. I view them a virtual licenses to steal. <g> Why? Well now lookie here - quote.bloomberg.com ``OPEC has been very well behaved,' said Bruce Evers, an analyst at Investec Henderson Crosthwaite. ``We are being set up for a very tight squeeze this winter. Demand could outstrip supply by up to 2 million barrels (a day) in the fourth quarter."

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