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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Larry S. who wrote (20014)3/10/2003 3:37:32 PM
From: Nello Filippone  Read Replies (1) of 206159
 
C'mon folks, the real reason for the drop-off after that news is because a Banking Analyst, turned Retail Analyst who now covers Oil suggested this: "The OSX would be hurt by the Iraqi's blowing up their oil fields. This action would create huge pools of oil in the Iraqi desert and in turn there would be no need for drilling or pipelines. The play in a situation like this would be Home Depot, obviously a huge number of buckets would be needed for a 100,000 person bucket line from the pools of oil to waiting Tankers".
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