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

To: Broken_Clock who wrote (22345)5/19/1998 3:46:00 AM
From: 007  Respond to of 95453
 
After all those bearish posts, I'm up late checking things out. Not to sound like a soothsayer nor an insomniac (because both would be out of character), but I see surprising strength in store for the drillers and also for the broader market tomorrow.

Yeah, the osx might bounce off 108, but I would be surprised if we do not close above 110. But, I wouldn't be surprised if I am wrong, instead I'll only feel like I'm caught in a catch 22.

Wake me up on the opening bell.

Goodnight,
OO7

PS Thanks to Baird, Elmer and Mark for your comments on MDCO.
Take a look at EVI; that's what I call a killer chart.



To: Broken_Clock who wrote (22345)5/19/1998 1:30:00 PM
From: upanddown  Read Replies (1) | Respond to of 95453
 
Can someone who understands commodity contracts explain today's action in NY light sweet ? The expiring June contract is down 3% while July is up 1%. June is approx 13.68 while July is around 15.28, an approx 12% difference. Can we assume that today's trend is up (July) or is all the activity expiration-related ?

TIA,
John


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