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: Fitz who wrote (52651)	10/8/1999 11:38:00 AM
From: articwarrior	Read Replies (2) of 95453

Ah the wonderful funds that create such fantastic wealth building opportunity!!! No I don't see a huge reversal on the OSX but I do not see a decline from this level and here is why. #1 This is the time of year that funds cash out so we have the normal October mock crash. Nothing Fundamentally wrong just fund selling. #2 And this is most sweet... With the upcoming meeting of OPEC and Non-OPEC producers what better time to send oil into a tailspin to support continued compliance and member cooperation. #3 The supply / Demand curve is swinging into the """ EMPTY"" category for surplus and the demand figures are astounding. ASIA with over 5.4 percent GDP growth is awesome. #4 And this is the big one folks....Slider hasn't pumped today!!! That should say it all.<VBG> Got to love this sector Arcticwarrior

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