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

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To: Wowzer who wrote (61788)3/8/2000 12:28:00 PM
From: Archie Meeties  Read Replies (1) of 95453
 
E&P's - still undervalued, still moving - but a hoard of impatient shareholders selling on strength. Despite weakness in crude, today is shaping up to be a good one for some micros. The Canadian patch is also lagging.

The OSX run is not over. Just as rising crude didn't move the OSX, even a $3-5 crude correction can not change boom 2000 either. Weakness may be fleeting and may be shallow, so I'm not using absurdly low limits to rotate back into NE, GW, NBR, PGO and kin. That said, it would be surprising if the OSX performs a repeat performance of the past 10 days easy money.

What's CNBC saying about the OSX? If they're unanimously naysaying, I'm raising my limits.<g>
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