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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: JungleInvestor who wrote (48743)	8/2/1999 5:57:00 PM
From: Crimson Ghost	Respond to of 95453

JUNGLE: The Fed is cutting money growth now. MZM virtually unchaged the last few months. That Angell post was to show the incredible arrOgance and hubris of some the top of the financial pyramid. And this arrogance is much greater today than when Angell did that interview in 1994, I do not think crude will be going much higher from here because that will encourage increased OPEC output. A correction is coming, but probably not too severe. OSX will get back to the old highs next year if crude just stays around $20 for awhile. I see some weakness in OSX as the market trends down this fall, but again nothing too severe. Low 70s looks like a good bet, but I still doubt 66. And when the market rebounds -- OSX TO THE MOON.