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: Heretic who wrote (58355)	1/12/2000 3:38:00 PM
From: monu	Read Replies (1) of 95453

My logic says that once the panic subsides, the earnings are reported, and oil stays anywhere near the 25 range, we will begin to see new highs in many of the oil related stocks. FWIW, that's why I keep buying on the dips. Anyone else see it this way? I mean the last I looked we were at 26.50 and this was after a crummy api, less than steller performances by opec and all the continued downplaying of oil by our favorite analysts. What happens when we are convincingly over 27 and 28? But then again, the way things have been going, the whole market will crash and we'll be dragged down further.

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