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: Big Dog who wrote (9567)	1/24/1998 3:13:00 PM
From: The Perfect Hedge	Read Replies (1) of 95453

Iraq says they are ready for war.They know it's coming and don't care.Can we speculate if we bomb what will that mean for our stocks?Iraq is already pumping oil,will that end the pumping?Tensions have been escalating this week and our stocks have been bashed more in the process--doesn't seem logical does it?Why is the price of oil going down with all this mess with Iraq? Anybody realize that with the bullish article last Saturady in Barron's that we still finished the week lower than we started(in most of the stocks)?Seems like NOTHING can help us out:earnings,Barron's,upgrades,threat of war,etc.....I've never seen anything like it. Well the tide's got to turn someday... GD

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