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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 (15214)	3/17/1998 9:42:00 PM
From: Lucretius	Read Replies (4) \| Respond to of 95453

DOW JONES: Luis Giusti,president of Venezuela's state-owned oil monopoly Petroleos de Venezuela SA, said to reporters after a speech in Brussels that Venezuela would be willing to participate in some initiatives being discussed that would remove from the market between 1.5 and 2.5 million barrels a day of oil from both OPEC and non-OPEC producers. "These comments by Giusti suggest that oil prices may be approaching Venezuel's pain threshold.This may be the beginning to some sort of action to cut production," said Tom Bentz, an energy analyst with Cresvale International.

To: The Perfect Hedge who wrote (15214)	3/17/1998 10:45:00 PM
From: RGinPG	Read Replies (3) \| Respond to of 95453

You are wrong, wrong, wrong, wrong. If we get a positive bounce tomorrow as many of us expect, I will get buy signals on FLC (must close above 24), NE (25), DO(42), ESV, RDC, CDG, SLB, FGII and TBI. (I've actually plugged the numbers in on many of these out of curiosity, and I do get buy signals). Buy signal on the overall OSX will require a close around 99 tomorrow and then 101 Thursday. We'll see, but the daily stochastics have yet to be wrong on the buy side. I'm late updating the site tonite, I'm working! Check it around Midnite CST. The real fun will be the buy signals after tomorrows close. I can't believe I missed the perfect selling day by one day, and the perfect buying day by one day. (But I did get some RIG today!). rgdoczzz.home.texas.net