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

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To: SliderOnTheBlack who wrote (33422)12/23/1998 11:38:00 AM
From: Crimson Ghost  Read Replies (1) of 95453
 
Slider: I agree with you on a 20% move in OSX pretty soon but am much more doubtful of 90 by July. I do not see that unless we get a truly dramatic turnaround in the oil market (crude above $15 and staying there) with significant increases in demand along with sharp production cuts. Possible, but doubtful. Still the onset of cold weather and the end of tax loss selling may push crude up to $13 or so this winter and the OSX to 60-65.
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