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


To: Broken_Clock who wrote (56450)12/8/1999 1:55:00 PM
From: ItsAllCyclical  Respond to of 95453
 
>> Capitualtion is officially over folks <<

It's not over imho until...

XNG reprints over 120
XOI trades back over 500
OSX breaks 76
APA breaks 36

Granted we'll be feeling better a lot sooner though...

If we can closer near the highs today with this poor of API and DOE #'s I'd say it's pretty damn safe to buy. Actually the service stocks might be better plays than the E&P's (short term 2 weeks). The E&P's are steals here, but gas prices need to stablize. No gas worries with the OSX. The OSX has held up better than the XNG. If the OSX sold back to march levels I could buy FLC again at 5.

But you really can throw a dart here and do well...