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

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To: paul feldman who wrote (55562)11/29/1999 10:46:00 AM
From: Wowzer  Read Replies (2) of 95453
 
CNBC today has had at least 3 or 4 analysts on today saying oil will be 20 or lower in next 6 months and we are at the high now. This is the best news yet, one analyst is rarely right and a consensus of em? This is almost a gimmie :-).

Personally I think many of the analysts or its firms have been caught in a short position and these are more prayers then predictions that it goes lower...

Just look at what Aggie posted on PAA, Shell has to be hurting with its trades, I bet there is many more out there.

That being said I have bought EEX at 2 11/16 (small spec position, they owe me some money) XTO at 10 11/16. Watching CAM like a hawk, if it breaks 40 I will be all over it. TMR getting interesting how low are we going to drive this one?
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