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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Carmine Cammarosano who wrote (9060)1/21/1998 5:24:00 PM
From: Lucretius  Read Replies (2) of 95453
 
Carmine: Nope, and they were still up. You still short or what? I keep trying to "get it" that oil is going to $12 but my stocks keep going up. Oh yea, and my oil & gas traders say we're going to ave 18-19 this year. (LOL)--- sorry couldn't help but remember that "$12" one, I fell out of my chair laughing at the time--- Most of the traders and producers that I am in contact w/ see WTI possibly reaching 15.5, but not staying there. If you get a dip, cover. You may not though. Worst case scenario may have already come and gone for these stocks. A spike to 15.5 could be priced in at this point. You made some on the original slide, don't get greedy and let it all slip away over the next couple of months. Good luck to ya!

-Lucretius
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