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

To: Bazmataz who wrote (12540)2/23/1998 10:20:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
That's a good thing. If it is expected to go lower, then lower oil prices should be priced into the stocks. With the gloom and doom scenario, surprises should all be to the upside.



To: Bazmataz who wrote (12540)2/23/1998 2:55:00 PM
From: Dwight E. Karlsen  Respond to of 95453
 
Susie Gharib on CNBC saying oil at 4 year low and expected to head lower. Stating oil now at the same price as "24 years ago" and no relief in sight.

What!?? (1998-24 = 1974). Next we'll hear that oil traders are giving away a happy meal if you'll just please take a bbl of oil along with it. -GG-

DK


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