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: Post_Patrol who wrote (64047)	4/7/2000 11:02:00 AM
From: ItsAllCyclical	Read Replies (1) of 95453

Post_Patrol - Do you honesty believe in $15 oil this summer or is this just some depraved stunt you're pulling to get attention? OPEC didn't fall apart with $34 oil, but somehow they'll do so with $25? And all in the next 2 months? Really... Personally I don't think OPEC could bring about $15 oil by summer even if they opened the taps all the way. There are too many other factors. I would like to hear Crazy Larry's arguments other than wishful fuel cell thinking. HOFF back 7 1/2 with the ask at 7 3/4. Looks like the seller has been cleared. Light volume in the oil stocks speaks volumes on our current stock market. We only have enough money to move 1 area at a time - either new or old economny stocks. Not sure how this will get resolved as I don't see oil stocks languishing much longer.

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