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: diana g who wrote (42575)	4/19/1999 11:21:00 AM
From: Crimson Ghost	Read Replies (1) of 95453

Diana: OSX up about 6% so far. This bull is in fine shape althougH a substantial correction is inevitable if we keep going up at this rate. Re: oil prices and OSX. I agree that short-term fluctiations in oil prices are not always the decisive factor impacting the OSX WHEN CRUDE IS PERCEIVED TO BE FLUCTUATING WITHIN A NORMALIZED TRADING RANGE THAT HAS BEEN DISCOUNTED BY THE MARKET. BUT WHEN CRUDE MOVES OUT OF A TRADING RANGE TO THE SURPRISE OF THE ANALYST CONSENSUS, THAT IS ANOTHER MATTER ENTIRELY.

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