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

To: marc chatman who wrote (25206)7/6/1998 7:54:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
marc....I usually agree with you but now i must take the other view....you said " There is no punishment."

Really? I sure feel punished!<g> We're changing the name of this thread to "Strictly Whipping Boys & Girls"



To: marc chatman who wrote (25206)7/6/1998 7:58:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
I have a sinking feeling that we're gonna get punished a bunch tomorrow...oil is tanking again tonight. Looks like the Audust contract may get to the $12s like June and July did. These stocks have nothing left to fight with except earnings and i don't see that as being enough amunition...Maybe VRC, FGII, GLBL and a few others like RIG



To: marc chatman who wrote (25206)7/6/1998 9:08:00 PM
From: shane hartman  Respond to of 95453
 
The problem is called "The Prisoner's Dilemma" and there is punishment: low oil prices won't fund these countries debt. If oil keeps dropping, we can look forward to violence in countries like Saudi Arabia. THEN, oil will go up.


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