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

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To: Thean who wrote (37076)2/9/1999 11:21:00 AM
From: diana g  Read Replies (3) of 95453
 
Re: Noesis Predictions
Hi Thean, ---you wrote <<< Noesis may have missed the actual numbers but the future trend he pointed out has been dead on.>>>

I agree that George at NOESIS knows whereof he writes...
He wrote this----

"... Obviously, if any or all of those companies and countries change their operating strategies, the NOESIS forecast will no longer be accurate. ..."

---and he has changed his forecast when new developments made that appropriate.

I agree that if there is minimal Asian (or other) demand growth, and no production reduction, then oil price recovery may well be far off. But that's a big pair of 'Ifs', I think, and we must take into account that the market looks forward quite a distance, and that other market segments prices will affect the attractiveness of this sector.

<<<Off Topic>>> --- I think differing opinions are generally welcome here. Personally, I very much want to read the opinions/ideas of all positions - long, short, and sideways - provided they are based on reason and on fact.

I think you raised some hackles with the in-breeding comment and the tone of thread-bashing in your first paragraph, but I'd bet your ideas would receive respect and civil response here otherwise.

I challenge you to post here a few times and see if the response to your ideas isn't worth your trouble. I'm sure we here would profit from your input.

regards,
diana

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