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


To: The Perfect Hedge who wrote (4145)12/1/1997 9:21:00 PM
From: Chris Thomas  Read Replies (1) | Respond to of 95453
 
Came across this just now. Someone wondered why the big drop with the news of the 10% increase in OPEC production, They also did not think it would make a big difference. This excerpt would seem to re-iterate that viewpoint.

"Many members of the group (OPEC) were already exceeding their individual quotas, so actual production will not increase by that much.
OPEC exports more than a third of the world's oil."

Well, I feel the same way, It doesn't SEEM like it should matter.


Chris



To: The Perfect Hedge who wrote (4145)12/1/1997 9:23:00 PM
From: The Perfect Hedge  Respond to of 95453
 
TO ALL OIL SERVICE STOCK HOLDERS:HAVE YOU EVER BEEN SLICED AND DICED WITH A MACHETE?EVER POUNDED WITH A SLEDGEHAMMER?EVER WHIPPED WITH STEEL ROPE?NO?WELL GET READY CAUSE LOOKS LIKE THAT'S WHERE WE'RE HEADIN' BOYS!BACK TO THE TORTURE CHAMBER!!!!!!!!
if you're confused then read my above post.



To: The Perfect Hedge who wrote (4145)12/1/1997 10:54:00 PM
From: John Carpenter  Read Replies (2) | Respond to of 95453
 
Fear has overcome this thread. Although I'm not good enough
to call the bottom, I believe that it is reasonable to assume
that we are closer to the end of this correction than the
beginning. Since I have already taken 15 rounds, I am ready
for the rest. SOCK IT TO ME!