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: Harold S. who wrote (19718)	4/20/1998 4:25:00 PM
From: Captain James T. Kirk	Read Replies (1) of 95453

I agree, Perhaps the sellers here have echoed the same mentality of this sector trading today which is why profit taking is at hand. However, for the day traders, they will rapidly move daily, but to sell because of a correction or other fears, at this stage of the game is laughable !! Weak hands, fearing earnings, that are based on the lowest oil prices of 9 years, and reports coming out that are only missing by very few pennies, or none at all. Once this Q is over, what more fear is left ? none, because the Opec 2 month wait shall reveal the plans effect and the summer month speculation will be in play. Sell it all, but do it tommorow so we can move upward and onward.

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