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

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To: SargeK who wrote (39963)3/15/1999 10:32:00 AM
From: SargeK  Read Replies (2) of 95453
 
OSX

I sure as hell didn't expect profit taking at this juncture. I thought investors would be all over the sector this morning.

quote.yahoo.com^OSX&d=1d

Of course, it's early in the day. It is difficult for me to believe that there are those who would take penny ante profits and possibly lose position on extra-ordinary gains in just a few days. The meeting is only a week away and it appears the critical issues have already been decided.

I am on hold. There is no way I would consider the low ball bids of the MMs just to make a couple of bucks.

You may rest assured that portfolio managers are having intense meetings today to determine what adjustments are necessary in view of the emerging bullishness of the energy sector.

I may be a bit premature in my prognostications; but, remain extremely confident that Oil Service companies are about to explode, more likely sooner than later.

K
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