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

To: A. Geiche who wrote (50800)	9/9/1999 9:01:00 PM
From: SliderOnTheBlack	Respond to of 95453

WOW ! Everyone; stop and savor this headline... how far we've come ! ...from "Doomberg" itself ! Energy News Thu, 9 Sep 1999, 8:46pm EDT "Crude Oil Rises Past $23 Barrel as API Report Shows Glut in U.S. Is Gone" ... the Glut is GONE ! ... now I would say that is a milestone; quite a dramatic turning point here in market sentiment. Given OPEC's meeting is less than 2 weeks away; if we can stave off any type of a major profit taking retracement here in the next 10 days - then the reaffirmation of present quota's by OPEC could be like the market flipping a "Nitrous" switch on for the Oilpatch. You know; we really have yet to see the major "Mo-Mo" money rotate here.... it could get real interesting here, real soon. THE GLUT IS GONE ! ....man; that is a mantra if I ever saw one.... THE GLUT IS GONE & BOOM 2000 IS BORN !