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


To: Crimson Ghost who wrote (30681)10/14/1998 12:53:00 AM
From: Fredman  Read Replies (1) | Respond to of 95453
 
Final shakeout in the market ? or just the Oil sector ? If you say market, i disagree with you. When consumer spending goes flat for this xmas, down we go again when 'lower sales than expected' start coming from the retailers. Oil Sector ? I might tend to agree with you, but i still see downward movement of 'about' 10-15% within 30 days, then stabilize, then crawl up over the next 8 months past that.