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

To: Lucretius who wrote (21318)	5/4/1998 11:19:00 AM
From: HH	Read Replies (1) \| Respond to of 95453

As far as oil services being protected in a down market, What if the "asset bubble" gets pricked (a la ECONOMIST) and the US economy is thrown in recession. What would the price of crude (futures) do? HH

To: Lucretius who wrote (21318)	5/4/1998 2:02:00 PM
From: RGinPG	Respond to of 95453

Don't tell me you've sold your NE just when it is time to reap the benefits of being a long term investor. Your not getting shaken out are you? Bear Markets: We need interest rates to rise at least 1.5 to 2 % before the next bear comes along. Remember, the market tends to go up with interest rates before it succumbs to the tightening money supply and it's negative effects on corporate profits. rgdoczzz.home.texas.net Also: The market always rises much higher than one thinks it will, so high that everyone thinks it will never end.