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: BigBull who wrote (40692)	3/23/1999 7:07:00 PM
From: JungleInvestor	Read Replies (2) of 95453

BigBull, to say that you are enthusiastic is the understatement of the year (they don't call you "BigBull" for nothing)!! The news is going to get better for us as the year rolls on. The OPEC reduction is just one factor that will make this a long-running bull market in oil and gas related stocks. Your many posts show that economies around the world are growing faster than expected. 75 interest rate cuts by 37 central banks in the fourth quarter 1998 will reflate commodities such as oil and gold probably in the second half of this year. Supply will be further reduced due to the huge capex cuts (will new reserves be able to even keep up with depletion?) and shut-ins. It's very nice to be in the right place at the right time Posts to this thread (by many new names) are rising rapidly (Just a few short weeks ago there was a real paucity of posts as the OSX was getting hammered). Yes - I love it too!!

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