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To: Joshua Schindler who wrote (10044)2/23/1998 1:59:00 PM
From: Duane L. Olson  Respond to of 25814
 
//OT//OIL...Exactamente, Josh...that is definitely the story...All the big oils dragging the Dow down bigtime.. And I'm just starting to buy things like FSTEX...Investco's Energy fund... The negatives should just about be in oil this week...and then Saudi Arabia will get agreement from the mavericks to cease the over pumping, and they will relent, reduce their own (huge) production, and oil prices go back up. Meanwhile, oil service stocks resume last year's rocket ride...nice play. //
Thanks for ID'ing the cause of the contrary trends in the indexes, Josh... Duane