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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: marc chatman who wrote (35851)1/26/1999 3:20:00 PM
From: DavidG  Read Replies (1) of 95453
 
Marc,

How bad do you suspect the API to be??? ....and ....is it really any different then what other analysts are predicting?

IMHO I believe the perception is much worse already b/c of the very low numbers last week the belief is that the inventory must be very high this week b/c of warmer weather.

...but look at the current OS prices...it looks like that factored in a raise in production by IRAQ, OPEC and Mexico and Venezuela.<GGG>

I see a big game going on among the traders and we have to try and use it to our advantage not our disadvantage.

DavidG
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