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

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To: Big Dog who wrote (31717)11/11/1998 6:35:00 PM
From: VLAD  Read Replies (3) of 95453
 
Does anybody think that the impending attack on Iraq will bump oil prices up over $16pbl and create a nice little run up on some of our drillers? There has been quite a sell off over the last several trading days but I believe it is mostly profit taking after the recent run up. All the negative news reported lately is really old news and nobody can predict just how much demand will rise in Asia and domestically with an exceptionally cold winter. I think we are now ready for another rally to the upside.
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