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

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To: BigBull who wrote (72713)9/8/2000 1:31:31 PM
From: BigBull  Read Replies (1) of 95453
 
DOE charts:

Aggregate stocks will probably reach their peak in the next two weeks:
eia.doe.gov
Finished gasoline products dropping to a new low?:
eia.doe.gov
Distillates? C'mon folks this is a disaster waiting to happen:
eia.doe.gov

Anybody notice how the bears myopically focus on OPEC and crude while completely ignoring distillates? Well of course they do because it serves their interest to do so. Now It will get real interesting to see what labor day did to gasoline stocks in the next report. The bears need to remember one VERY IMPORTANT FACT that they tend to dismiss out of hand. This latest crude rally is product driven.

IMO products will return to bite their behinds with a vengeance!
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