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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Raymond Duray who wrote (11790)7/16/2001 1:51:38 PM
From: TechTrader42  Read Replies (1) of 52237
 
All excellent points, Ray. Of course that's why the wretched sector is down so sharply. The Pollyanna analysts seem to be anticipating some positives, such as an expected increase in spending on international drilling. They say, too, that there's been an overreaction to the factors you mention, and to the decline in U.S. drilling.

All I know is that oil is said to rise to the surface. Whether that goes for oil prices is another thing entirely.
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