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Strategies & Market Trends : Mutuals:AIMing For Profits--Invest In Best

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To: Jim Battaglia who wrote (802)	9/8/1998 11:57:00 PM
From: James F. Hopkins	Read Replies (1) of 4158

No Jim; I'm nothing fancy like that , just a Boat Captain. republic.net Last I checked the rig count was down, I can't get this url up right now. bakerhughes.com ------------- The big oils may be OK, but till the price of oil goes back up for a while they will be cutting expense via the service cos. They always get hit hard, sometimes it last for a long time. Knee jerk stuff in oil prices won't help them, just watch rig count. ------------------ Over all, unless the demand for oil is "real" and not arranged I would stay clear of oil stocks, I don't see how the real demand can go up if Asia Countries can't afford to buy it. In fact if they force it up via price fixing it could make a broader recovery hard to come by. ------------------------- I'm looking for a small cap run on this next leg up. But I don't want to try to pick the stocks. Jim

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