Strictly: Drilling and oil-field services Message Board

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

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To: SliderOnTheBlack who wrote (30502)	10/8/1998 4:34:00 PM
From: Crimson Ghost	Read Replies (1) of 95453

Slider: There will indeed be abounce before long, but i don't think the bull will resume anytime soon. Much basing will be necessary for both the OSX and the overall market. Still think you are too optimistic on financials. Would not be surprised if Citicorp breaks 50 sometime next year. The economic and investment paradigms that have governed the markets these last 20 years are changing fundamentally. But demand for oil will eventually rebound strongly as will the OSX. COULD YOUR CAPITUALTION BE A SIGNAL THAT THE BOTTOM IS AT HAND?

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