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: BigBull who wrote (70960)	8/15/2000 6:55:45 PM
From: chowder	Read Replies (1) of 95453

Hi Big Bull! I don't know how far down the OSX goes, but let's talk catalysts. Ultimately it's contracts and earnings that will push these stocks higher. This is obviously what the long term holders are looking for. Short term catalysts will be hurricanes, refinery shutdowns, more manipulation with the inventory numbers, etc. What I find unappealing about this sector is the impact politics plays on the outcome of our stocks. If a politician can screw it up, they'll screw it up. I'm reminded of the Congressman, who six months ago was ticked off at Big Oil because they're not drilling enough for diesel fuel. (lol) And this guy is making decisions that affect the lives of millions. Good grief! Ignorance may be the best catalyst of all. dabum

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