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

To: ChanceIs who wrote (52510)	10/6/1999 2:59:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

All I can say is that it is clear that none of the experts in this industry have ANY clue what is going on.

To: ChanceIs who wrote (52510)	10/6/1999 3:18:00 PM
From: Think4Yourself	Respond to of 95453

Nymex Sets Daily Trading Record for Oil, Other Energy Futures New York, Oct. 6 (Bloomberg) -- The New York Mercantile Exchange said it traded a record 455,904 energy futures contracts yesterday. Trading in futures for crude oil, natural gas, heating oil and gasoline has been brisk as prices soared this year. Crude oil prices are up 94 percent this year. Gasoline is up 84 percent and heating oil 75 percent. The trading record reflects ``the continued growth and vitality of our contracts as a source of price discovery and risk management,' Nymex President R. Patrick Thompson said in a statement. The previous daily trading record for Nymex energy futures was 447,106 contracts, set on Aug. 25. Earlier this week, the exchange said it traded a record number of natural gas futures in September and set weekly trading records for gold futures and options last week on its Comex division. Gold prices surged 13 percent last week following a Sept. 26 announcement by 15 European central banks that they would limit bullion selling and lending over the next five years.