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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sammaster who wrote (89429)4/3/2001 5:38:13 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
i'm a little bit wary about the near term prospects for oil, since the crude shortage due to Iraq's failure to export during December has worked itself out of the system without any noticeable effect on the market...but long term i remain bullish on oil based on the global Hubbert peak approaching.
so if the drillers get whacked hard enough, they may be worth looking at again. i wouldn't be in a hurry though...the wave structure of the OSX is not very encouraging right now.
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