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

To: BigBull who wrote (58548)	1/14/2000 5:39:00 PM
From: BigBull	Respond to of 95453

OPEC: addenda - Saudi Oil Minister disputes compliance figures reported in the press. canoe.ca No Mercy <g> canoe.ca Mexico floats trial balloon for the proper time to increase production. canoe.ca

To: BigBull who wrote (58548)	1/14/2000 5:41:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

New Barrons headline ?: Will the OPEC EMBARGO burst the bubble ? ... lets only hope a headline like that starts to be commonplace. BGambler - I hope the media starts picking up on the "EMBARGO" theme - in essence it IS a working embargo... With the OPEC Ministerial committee meeting resulting in a unanimous decision to extend the cuts - $30 looks to be a given; do I hear $40 anyone ?!?!? Greenspan will have to drop the hammer 3 times for at least a 1 percent hike with $30+ crude oil. Also; I have seen about 6, or 7 talking heads here of late; trying way, way too hard to convince the general public that they should not take profits, should stay in the market as we are in a near perfect environment of "no inflation and solid growth." "NO INFLATION" ? - they aren't so stupid as to not look around the corner. Maybe since they aren't invested in the Oilpatch yet (VBG) they think they can feign ignorance to the crude oil story ? They are trying way, way, too hard to ignore the crude oil story and to convince the public that there is plenty of steam remaining in this train. That tells me to look out for major institutional profit taking & the resulting sector rotation very soon.