NE, Noble Drilling Message Board

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Gold/Mining/Energy : NE, Noble Drilling

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To: Jerry Gogol who wrote (212)	8/5/1998 10:03:00 PM
From: Captain Jack	Read Replies (1) of 301

Don,,,, I am sick of the continous drop of price. Down so much now it might as well be dumped to offset some gains... too damn lazy to sell I guess... only VTS seems to be holding up. The MKT is seeing a ton of profit taking and correction and the oil sector just plain sucks as it looks like inventory will continue to build until there is no place to store it......... and production is not dropping as every producer wants the last dime even if producing and breaking even,,, soon they will be producing at a loss and may then cut back,,,a drop or two! I do like the price at the pump though... if all taxing agencies would drop back a bit we could really see some volume pick up.....

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