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

To: SliderOnTheBlack who wrote (26997)	8/4/1998 11:50:00 AM
From: Gameboy	Read Replies (1) \| Respond to of 95453

Governors urge oil purchase cnnfn.news-real.com - From THE DAILY OKLAHOMAN/CNN FINANCIAL, August 4, 1998 Governors of key oil producing states, including Gov. Frank Keating, Thursday urged the federal government to buy supplies of oil for the Strategic Petroleum Reserve while oil prices are low. Best of luck, Steve

To: SliderOnTheBlack who wrote (26997)	8/4/1998 12:20:00 PM
From: marc chatman	Respond to of 95453

Slider, what is the argument for money rotating into this sector on a market pullback? Although it will be a painful sell, I'm thinking that following any broad market pullback, the money will flow first and foremost into the favorites. This may not be the place to be until after a sell-off and rebound. Almost every day, I watch this sector sell off with the general market (actually, about 3 times worse than the general market), and then when the market gets a bounce this sector usually drifts lower or, at best, holds.