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

To: Czechsinthemail who wrote (21566)5/6/1998 1:51:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
You're right, LT may be right. Except I don't see a major market correction or bear market with inflation low and interest rates stable and falling. Concerning oil prices falling, I think 3 things can be said with some certainty:

1)The major exporters will not allow oil prices to fall to painful levels.
2)The painful level is below $15 per barrel.
3)And, at above $15 per barrel these companies remain quite profitable.

How can we lose?


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