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

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To: Winkman777 who wrote (60000)2/9/2000 12:26:00 PM
From: ItsAllCyclical  Read Replies (2) of 95453
 
XOI is looking downright ugly...

207.61.23.98

As Slider has mentioned this is a good proxy for what institutions are going with their oil money...they're fleeing ahead of the OPEC meeting.

XOI 400? March levels again? Hell, I may buy calls on the XOI before this is all over.

Not only am I off margin I'm building up a cash reserve. Sold the rest of my BSNX. Only E&P's are OEI and VPI because of their crude weighting. The market is telling me not to own the gas plays here.

Simply amazing.
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