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: BigBull who wrote (60286)	2/14/2000 6:00:00 PM
From: Crimson Ghost	Read Replies (1) of 95453

I am starting to rethink my OSX scenario. That energy analyst Slider quoted said something very interesting -- to wit, that OPEC has never achieved a soft landing when hiking output. That seems to be the key to the relatively weak performance of energy equities (until today anyway) People know crude is going to come down but doubt OPEC will be able to achieve a soft landing in the low 20s. When and if these doubts are ended or, at least, lessened, energy stocks will take off -- wherever crude is trading at the time. Perhaps we saw some of this today?

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