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: RGinPG who wrote (32292)	12/1/1998 2:12:00 AM
From: Fredman	Read Replies (2) of 95453

3 months before we see a solid rebound 'across the board' of all 'oil services-related' stocks. I can agree with that, but it also depends on OPEC (Lame Ducks), El Nino (lame so far), big-time institutional investors looking for long-term 'value'. The next question is, is there such a thing as 'establishing a base' here, or do we have leeway to go down 20% more ???? I can't see them going down more than that, but that 20% number would only be reached by continuos 'bad news'........

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