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: Bazmataz who wrote (10129)	1/29/1998 4:02:00 PM
From: Thean	Read Replies (1) of 95453

I'm with the oil trader that GD cited. We are not out of the wood. One day wonder may just be that - one day wonder. Many on this thread would love to get out of the wood because we have been lost (and loss) for so long. It's only natural that the first sign of 5% pop had us of all charged up because we thought we see the light at the end of the tunnel. I don't like the close at all. In the past a sustainable rally always have money coming in towards the close, not getting out, especially in light of the favorable crude price and Iraqi situation. The weakness towards the close tell me the money that flew in earlier today was a lot of day traders money. Fund money don't leave the same day they come in.

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