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

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To: Lucretius who wrote (17258)3/30/1998 10:11:00 PM
From: Broken_Clock  Read Replies (2) of 95453
 
Not much, if any. NE has held better than most. NE and RIG are the strongest no doubt. can't disagree with you there.

However, did you read the earlier post about the 300+ mil barrels we stockpiled? that is the news, that compiled with the OPECers will make the shorts happy this week. I hope I'm wrong, but we'll see....
PK

Oh, were you referring to SLB as one of the weaker issues? I don't see it as such. I has more apparent volatility cause it is a pricier stock. % wise i think it has moved down LESS than NE. NE went from 38 to 22(42% drop). SLB went from 94 to 66(30% drop). NE has recovered better but I'm sure when NE was at 16-18 there were a few nervous investors..-G-

I must go to see if Utah can punish the evil Kentucky.

PK
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