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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Tommaso who wrote (81817)12/15/2000 12:43:47 PM
From: Second_Titan  Read Replies (1) of 95453
 
Jan 1, 2001 will be interesting. Based on weather forecasts we can expect 2 more weeks at least of strong demand in NG & Oil.

Present weather forecasts for January of for below normal temp in much of the heating areas. Crude's performance over the last couple of weeks is hard to explain. Maybe when OPEC cuts production and a cold Winter is still wearing on our depleted inventories we will have a bottom.

But I am focusing most on the OSX as the E&P's transfer their cash to the service companies. Sold of my MRL again and have a good deal of cash if we see OSX 90-95 again.
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