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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: GREENLAW4-7 who wrote (19355)	3/1/2003 9:04:57 AM
From: chowder	Read Replies (6) of 206325

The last time crude traded at $35 per barrel and more, was back in September 2000. stockcharts.com[h,a]dehlynay[d20000501,20000912][pb50!b200!f][iut]&pref=G The OSX traded in lock step with crude prices as the OSX was trading well above the 50 and 200 day moving averages at an OSX 142. stockcharts.com[h,a]dehlynay[d20000501,20000912][pb50!b200!f][iut]&pref=G Here we have crude nearly hitting $40 per barrel and where do we see the OSX? stockcharts.com[h,a]dhhlynay[pb50!b200!f][iut]&pref=G OSX 88 and barely above support levels. stockcharts.com[h,a]dhhlynay[pb50!b200!f][iut]&pref=G Do those of you who believe the fundamentals are excellent looking forward, feel disappointed in the performance of the OSX of late? Or, is this what you expected? What needs to happen for oil service stocks to see gains of 50% plus? Do any of you fundamentalists see an OSX 120 prior to the summer months? Or, is this something you're looking to longer term, perhaps next fall or winter? Looking for some insights here to balance my TA. Thanks, dabum

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