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: NucTrader who wrote (24075)	6/14/1998 6:00:00 PM
From: upanddown	Read Replies (1) of 95453

Hey, John! Where's your sense of humor !? You're probably right, Nuc. I guess I see those contests as a contrarian indicator and I really don't think that the market has already discounted further drops in crude. That said, if crude drops further next week, it would probably force OPEC (and non-OPEC) into announcing very aggressive production cuts and that could set us up for a big bounce in crude prices. Good luck, John

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