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: dfloydr who wrote (60367)	2/16/2000 6:25:00 AM
From: Think4Yourself	Read Replies (2) of 95453

CNBC just said gasoline prices will probably go to $1.70 in the coming months. Also had a "fresh out of college" analyst interviewed (guess the prior analyst was finally canned, as most of them should be). Was slightly more intelligent than most of the (absolutely clueless) industry analysts. At least this one wasn't dumb enough to say where oil prices were going to settle. In the last month or so we have gone down after positive API numbers. My money says today DECISIVELY breaks that trend. You all can sell into any rally today - not me. The media is FINALLY coming around to the realization that it ain't going back to the way it was. I have been waiting for this. EDIT: CNBC is running TWO oil articles each half hour today.

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