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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Crimson Ghost who wrote (30210)9/30/1998 4:58:00 PM
From: upanddown  Read Replies (2) of 95453
 
George

Ugly today but I see brighter days ahead. Crude is at its highest point in months and I was really impressed with its strength today in the face of much adversity. The market took a nasty fall but must have been concentrated in the big-caps because the closing tick was a rather bullish +660. Surprised that the OSX and OIX faded at the close but if crude holds its gains and the market stabilizes, we should rally nicely. Not sure about prospects thru year-end but good trading opportunities here.

Best,
John
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