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

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To: marc chatman who wrote (42201)4/14/1999 3:00:00 PM
From: Crimson Ghost  Read Replies (1) of 95453
 
OSX hit today by double wammy of sharp drop in crude and poor earnings at Rowan. But is now off the lows; down 3.2%.

I see OSX in a 60-66 trading range for the next month as earnings reports are digested and traders wait to see OPEC compliance. But another powerful rally should develop in late May assuming decent OPEC compliance which looks very probable at this point.
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