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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Aggie who wrote (44996)5/19/1999 10:38:00 AM
From: John Doyle  Read Replies (2) of 95453
 
To All. Question- Will this reversal hold? Very few people think the OPEC will comply. So...a lot of people left to jump on the boat.

Yet we haven't see the cuts take effect in the US yet. When they do- the 30 yr Treasury will be over 6% easy. In 1987 the equity market dislocated from the bond market for 5 months from April to October.
Money will rotate, right into our lap.
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