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: SliderOnTheBlack who wrote (60799)	2/23/2000 10:52:00 PM
From: waverider	Read Replies (3) of 95453

Slider... I haven't been here in a verrrrrrrrrrrrry long time. Glad to see you are still keeping the fire alive. I don't own any service stocks (sold FGI in January '99), but I have noticed something. Despite the rise in oil, we have seen a steady downtrend in the oil and oil service sector. Remember the last time this happened? Perhaps the sector is warning us again. We are the last ones to know that the price of oil is going down...long after our oil service stocks have hit bottom. Just a thought. Good luck out there.

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