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

To: Teddy who wrote (17146)	3/30/1998 9:30:00 AM
From: Lucretius	Respond to of 95453

I love that Cramer hates these stocks. MO-MO players like him won't enter this sector until they realize that we're going to have a winter and demand for energy has returned to normal levels. That should be around Sept. Cramer was long four months ago. Oil prices dropped because of no winter in the US and reduced demand from Asia. Fundi's have changed? No, just the weather. These things are not permanent changes but mere blips that allow those w/ vision and a willingness to take risk to make huge amts of money. (those of you that don't recall, last yr in May when the drillers started taking off, and NE was around $19. The "nay-sayrers" were saying the same old crap. Who looks stupid now?) -Lucretius