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To: Thean who wrote (15857)3/22/1998 11:09:00 AM
From: HH  Respond to of 95453
 
Hey Thean, How goes it? I appreciate the info on Waterhouse.It looks
good.
This could be the fundamental event that puts these stocks back
on a decisive trend. If OPEC is redefining itself along with non OPEC
producers , it could stabilize crude back at its historic levels. $17- 18 bbl.

The thing everyone will be watching is whether the producers will
start cheating. My view is that producers may start back cheating eventually
but they will make a determined effort for a significant period of time.

They now have something to lose if they start cheating.

HH



To: Thean who wrote (15857)3/22/1998 11:12:00 AM
From: HH  Respond to of 95453
 
Oh another thought, I am not sure about other stocks but I imagine
it is similar. GLM is within striking distance of its resistance at 26.
I think it may blow thru .

HH



To: Thean who wrote (15857)3/22/1998 2:19:00 PM
From: pz  Respond to of 95453
 
Thean,

I just had a chance to read the news about OPEC. I sure hope the oil's don't gap up too far on Monday. As we have just seen they tend to fill their gaps.

Anyway...congrats to those who have bet on this sector. It looks like our time may finally come. ggg

Paul