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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Judy who wrote (24140)6/15/1998 2:46:00 PM
From: Tulvio Durand  Read Replies (3) of 95453
 
How low can the price of oil go? $5/bl? That's the cost of finding it, pumping it, delivering it. So $5 IS the bottom. Right? Here's an interesting article on the 4-yr cycle of markets coinciding with presedential-election cycle. 1998 should be a good year, and 1999 not a good year year according to the return-vs-yr in election cycle data. cpcug.org Tulvio
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