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

To: Douglas V. Fant who wrote (32663)	12/10/1998 8:55:00 AM
From: Crimson Ghost	Respond to of 95453

Doug: Nice to have the perspective of an energy industry insider on this thread. I too think we are troughing. Although I doubt we will see another quick 50% surge in the OSX absent a dramatic move to hike oil prices, I suspect we will be considerably higher by January as tax selling abates. I much prefer slower more sustained upmoves to quick bursts that fade in a flash. When smart long-term players move to take a position they generally try not to run a stock up too much until they are finished.