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: SliderOnTheBlack who wrote (42756)	4/20/1999 2:24:00 PM
From: still learning	Read Replies (2) of 95453

Don't think crude needs to keep going up at this rate. Ifwe see good compliance and a small continued escalation of prices into mid 18s or even 19s we may see a second runup. Even treading water at 18 could do it. You're probably right, we're due for a fallback in crude, but I wouldn't want to bet on it too heavily. Dead zone could be trouble. On another matter, what's with UFAB -- good news no movement. a $20 m contract is no small thing to a company their size. Don't get it. Dose this mean you're actually buying UFAB slider, or are you still waiting for the golden dip?

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