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

To: marc chatman who wrote (56421)	12/8/1999 10:17:00 AM
From: Jon Cave	Respond to of 95453

BR hit a 52 week low. Can you believe it. With Oil above $25 and NG at 2.20. Last time BR was this low oil was about $12 and NG at 1.70.

To: marc chatman who wrote (56421)	12/8/1999 10:31:00 AM
From: ItsAllCyclical	Read Replies (3) \| Respond to of 95453

Based purely on the XNG we're approaching ridiculous levels. timely.com Winter is just started and we're still below last year's stock levels. Is that market that worried about 2nd q gas production coming on-line? If we go below 110 I'd be shocked. Maybe we're dead money until the end of the year - I just don't know anymore, but the downside is very limited here. If I were a first time buyer I'd be giddy. Unfortunately I'm not... OSX is approaching levels where it should see good support. The big question mark is the overall market. Will it take us down more without rotation? Will there be more tax selling of E&P's and oils to offset tech gains? Both seem likely but to what degree.