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


To: Intel Trader who wrote (27296)8/7/1998 11:59:00 AM
From: SJS  Respond to of 95453
 
Just from CNBC (11:59):

1) Guy from REPCO indicates oil is in the process of bottoming,
2) more downside probable,
3) New data from OPEC indicates that the cuts are not at levels promised,

Charnoff, though, has indicated that value investor coming back into oil as it's so beaten up.