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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 (28471)	8/27/1998 3:06:00 PM
From: Redman	Read Replies (1) \| Respond to of 95453

Ahead of the fundamentals. I don't even consider the rest of the market, they have not been treated like the other stocks. I think the funds will come in hoards to get in as soon as they perceive some kind of mopping on the oil glut. I think it is happening now, that being the very reason (as I posted a few days ago) that the cartel broke their meeting until later. The signs are showing, and they will be very evident by the time La Nina arrives. But, the fund managers will be way ahead of it, and I am hoping this means over the next few weeks. If we get good to great API numbers next week, then we will be on the road. Granted, we truly need demand so their will be plenty of drilling for our service companies, but in the interim these stocks are trading soley on supply of oil. The market is treating 80% of these companies as if they were closing their doors, when in fact most are still making a shit pot of money. Look no further than gifi, fgii, rig, etc. green