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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: kodiak_bull who wrote (86459)2/6/2001 1:24:28 PM
From: Second_Titan  Read Replies (1) of 95453
 
OSX 140+ Before Long

The wind is surely against our backs here. I am away from my desk so my numbers may be off a little. If we would make 140+ in September 2000, just as worldwide RIG counts reached 2,200, after 5+ months of improving fundamentals in the patch I see no reason not to expect to reach new highs soon.

I would expect between now and May-June we will reach through to new levels as Q3,4 & 2002 Q1,Q2 earnings become clearer.

OPEC's demonstrated willingness to control prices on the downside and interest rates are two added strengths to the wind on our backs. Perhaps a CSCO induced vacuum in front might help out some more. But I am not hoping for that. I picked up my first position in CSCO at yesterday's lows. Just hope the NASDAQ can tread water for 3-6 months.
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