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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: James Oyer who wrote (65274)4/25/2000 11:27:00 PM
From: edward miller  Read Replies (1) of 95453
 
I would conclude from this chart that one might sell OSX
stocks and buy the major oils. I am nuts?

Can you surmise that the major oils will pay attention to
their costs to improve their stock prices before they do
any significant spending on drilling? I think they may
be under pressure to do so from the shareholders. As long
as crude prices are stable, who needs to drill?

I have been holding some OSX-type stocks and regretting it.
Should have moved totally to NG and the majors.
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