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


To: Walkbarr who wrote (10103)1/29/1998 1:55:00 PM
From: johny  Respond to of 95453
 
Picture this:
Supose the USA does not hit Iraq and there is somekind of diplomatic exit to the crisis, then hordes of bears rush to short oil and related stocks to oblivion.
Then, instead of oil tanking, it only recedes a bit as traders get a reality check.

The Ultimate(TM) short squezzzzzzzzzzzze then follows, pushing prices even higher wich signals the return of momentum money to the sector..

Nice uh?