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Gold/Mining/Energy : Trico Marine Services (TMAR)
TMAR 22.40-0.3%12:12 PM EST

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To: S.C. Barnard who wrote (801)8/31/1998 2:38:00 PM
From: JZGalt  Read Replies (1) of 1153
 
Crap. I'm still waiting to see how Jefferies comes up with $17 oil and now you have some bozo looking for $18.50. Lower economic activity + lower commodity prices + currency instability = lower oil prices. It is a simple spiral down until the spiral is broken. The log jam is Japanese economic reforms coupled with US interest rates. This isn't going to change anytime soon and when it does (because of the delay over the past 6 months), it will take quite some time for commodity prices and oil to recover.
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