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

To: Tulvio Durand who wrote (22445)	5/20/1998 12:33:00 AM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

Tulvio....you may remember that prior to last earnings we pretty much traded tick for tick with oil in Dec-Apr. Earnings temporarily disrupted the link but the comments by GLM, ESV, etc. regarding $15 oil and softening dayrates. The continuing outlook being bearish for oil and keeping oil near or below $15 is not good. Today was simply a relief from the slow "short" grind UNLESS oil can rebound tomorrow enough to take the OSX with it....IMO. The relief from the overall down trend was not that impressive to me. Very few stocks had significant volume.