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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Ms. X who wrote (9949)1/28/1998 11:05:00 AM
From: Ken G  Read Replies (1) of 95453
 
P&F,

I, like Glen, am trying to perceive a direct relationship of the price of oil to this sector. The last, and only time, that I played oil directly, was when we went into Kuwait with the Bush invasion. If I remember correctly, Oil went up strongly on the anticipation of the invasion and then dove quickly in the days following the invasion. Does your chart indicate any similar patterns now as compared to then. Glen and I may not really want to see an invasion, if it causes oil to go strongly south. TIA

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