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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 (31868)11/16/1998 6:39:00 PM
From: upanddown  Read Replies (1) | Respond to of 95453
 
The oil service stocks held up extremely well today as crude plunged to $12.80. The reaction to news could hardly be better

Interesting comment, George, since on a daily basis, the OSX was down about 80% of the crude drop, -4.6% to -5.7%. Were you encouraged by the fact that the OSX was basically flat during afternoon trading and didn't react to the late-day collapse of crude ?

John