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

To: SliderOnTheBlack who wrote (32534)	12/7/1998 8:29:00 AM
From: dealmakr	Respond to of 95453

Slider, Am disappointed with you, I thought that's what you were<g>. Sounds like a great job opportunity for an OSX specialist. Good Trading Dave

To: SliderOnTheBlack who wrote (32534)	12/7/1998 8:51:00 AM
From: SargeK	Read Replies (2) \| Respond to of 95453

Keep an eye on GIFI, Price and volume ascending. K

To: SliderOnTheBlack who wrote (32534)	12/8/1998 2:39:00 AM
From: Snowshoe	Read Replies (2) \| Respond to of 95453

Cramer Ponders the Patch: Wrong! Rear Echelon Revelations: Oil vs. Tech thestreet.com Monday morning saw a couple of groups doing quite well, but two really had some shine: tech and oil drilling. As I have said negative things about the patch, I found myself regretting that oil, which had been so horrible, seemed to have some legs. I saw the oil-service index, or OSX, ramping, and I contemplated a trade or two. ...But the fundamentals stopped me cold. You can't talk to an oil or oil-service executive who is not worried sick over the state of the commodity. No matter, the stocks plowed ever higher until right after the close when Amerada Hess (AHC:NYSE) vindicated my caution by slashing its exploration budget dramatically. That's precisely what I was most nervous about. Now, because of AHC, we could have another round of estimate cuts and downgrades, the two scourges of performance. Stocks that looked like they had momentum will turn out to be just that, with no momentum behind the companies themselves.