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: SliderOnTheBlack who wrote (94320)	10/30/2001 1:49:50 PM
From: The Ox	Read Replies (5) of 95453

We blew right through 82 on the way to 89, so I wouldn't exactly say your comment about the OSX being "capped" at 82 was a great call. It is no surprise to me that you've returned to tout your statement now that we're back at the 82 level. I suppose one reason we are backing off is the comment coming from RIG that the short term pop in NG is temporary, in their opinion. I mentioned PTEN and GRP the same day of your post. They did very well during these past couple of days. I hope you profited during the run. OPEC looks to cut production again at their Nov meeting and I think they will be overreacting if they cut again. This should apply some support to the OSX going forward.

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