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: Sharp_End_Of_Drill who wrote (77695)	11/1/2000 2:02:56 PM
From: ItsAllCyclical	Read Replies (1) of 95453

Oil futures prices top $33 a barrel www2.marketwatch.com "Every week that goes by without a substantial build in crude inventories will make the market more nervous, as it realizes that announcements by OPEC do not always translate into more crude oil," Thorsten Fischer, an economist at Economy.com in West Chester, Pa., said in a weekly report. SOED - I enjoyed those comments from Enron. There has always been "dumb" or to put it another way, speculative money in the market. But stocks ownership today has never been higher. The get rich quick i-nets and the strong economy encouraged just about everyone to get in. If you weren't in the markets you felt left out. Based on money flows into growth funds the past few weeks these newbies are not even close to saying "uncle".

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