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


To: Think4Yourself who wrote (60840)2/24/2000 11:56:00 AM
From: Ronald J. Clark  Read Replies (2) | Respond to of 95453
 
Can someone rationalize the relative performance of:

1. Oil and Gas future (looking strong over at least the next 18-24 months).

2. OSX The drillers and Oil Service companies' index trading at near 52 week highs.

3. XOI Trading down toward its' 52 week low.

I'll be interested to see how others add this all up.



To: Think4Yourself who wrote (60840)2/24/2000 12:44:00 PM
From: Roebear  Read Replies (1) | Respond to of 95453
 
John Q Public,
What are your thoughts of holding O+G stocks into a market downdraft? We have hit my chart target of 10K twice today, I may have mentioned targets of 9600 and 9800 previously but there is also a viable, however unlikely, target of 9100.

OSX has held up well today, but I am wondering what kind of general market pressure it can take.

Opinions anyone?

Best Regards (and appreciate the humor, JQ)

Roebear