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

To: Eclectus who wrote (61442)	3/3/2000 11:07:00 PM
From: BigBull	Read Replies (2) \| Respond to of 95453

Goodness Gracious, Eclectus, for the first time in my life, I agree with Stephen Leeb! <g> Thus the worm turns, saith the Prophet. Slowly, ever so slowly. OSX was a jolt to the MO MO system. It is now firmly established that Mo money can also be made in OS. India and China, so someone is finally catching on. In Leebs honor, I just may resurrect, for a few issues, Banzai Bulls Asia Journal. For it seems that folks have forgotten Asia entirely, what with all the OPEC discussions. Thats ok, since OPEC is a big and current story. I, for one, would not mind a dip in crude into the high twenties. This will give the developing economies some breathing room and lull everyone back into complacency about crude, thus taking pressure off central bankers. As the Dog saith, "Anything over 21 is Lagniape for Oil Services." Most savy oil sector investors know this. We are now in the low 30's. Does this qualify as "Super Lagniape?" After all, if the world craves oil, OS is the means to provide it. We got the tools, we satisfy. Slowly the worm turns and the connection is made. Bull

To: Eclectus who wrote (61442)	3/4/2000 8:42:00 AM
From: jim_p	Respond to of 95453

Great post. Jim

To: Eclectus who wrote (61442)	3/4/2000 10:28:00 AM
From: Brian P.	Respond to of 95453

All it will take for this "party" to get raided by the reality police is these numbers blipping the other way one fine month. When "the wealth effect" kicks in, perhaps? In the meantime this negative spring get wound tighter and tighter: << Party on Wall Street U.S. stocks rallied Friday after a government report showed job growth slowed in February, easing fears the Federal Reserve will aggressively hike interest rates. The frenzy pushed the Nasdaq composite index to its fourteenth record close of the year, its third largest point gain on record, and within striking distance of the 5,000 mark. Arthur Cashin, director of trading at PaineWebber, was blunt. "Less people at work means better things for the stock market," he told CNN's In the Money. Art Hogan, chief market strategist at Jefferies & Co., said Friday's job report suggests that those rate hikes have succeeded in slowing the economy. "Not to be heartless, but this is very good for Wall Street," Hogan told CNNfn's market coverage. Still, most analysts say sustained evidence of the economy's slowdown is needed before the Fed's tightening cycle ends. And some say the stock rally will spark a surge in spending by consumers, who fuel two-thirds of the economy's growth. Fed Chairman Alan Greenspan has warned that this so-called wealth effect spending may need to be tempered with even higher interest rates. >>