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: gmccon who wrote (42000)	4/10/1999 10:27:00 AM
From: MARK BARGER	Read Replies (3) of 95453

Platter, where ever you are, come back. You're oil price updates are sorely missed. The parade is just starting! I have no doubt in my mind that the OSX will bust thru 100 by the end of the year. It's a no brainer that the rig counts will be bottoming out any time now and rates will soon follow. The Simmons (Matt) article was excellent. Sometime in the next 6 months, the analysts/fund managers will be falling all over themselves again as if becomes "fashionable" to own this sector. The OSX is SOOO over sold at this point that dart throwing at this point would assure 50% gains by year end. You need to step back, cut your computer off, and just let the market forces work. That said, the OSX won't really move until Wall Street decides it's cool to own these stocks again. Now, they're still infatuated with Dell, MSFT, and AOL. IMO massive sector rotation is not far away. Mark

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