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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: ItsAllCyclical who wrote (64149)4/10/2000 11:05:00 AM
From: BigBull  Read Replies (1) of 95453
 
Sounds good, not too far away. I'll be real interested to see if Brent crude bounces strong off 22. That's the area Rodriguez said OPEC would defend, it also is a place that should provide strong technical support. I wouldn't be surprised to see it hit today and reverse. To me this selloff in crude (to the current levels) has little to do with fundamentals and everything to do with futures traders testing OPEC's resolve. I wonder who will win?
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