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

To: Platter who wrote (32889)	12/16/1998 10:40:00 AM
From: Captain James T. Kirk	Read Replies (1) \| Respond to of 95453

I see Oil +.50 at 12.05, we need to break OSX 65. Will the Iraq situation and the meeting on thursday spark a 3 day rally ? With this sector, who the hell knows !!

To: Platter who wrote (32889)	12/16/1998 10:45:00 AM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

"Vegas Odds'' ... ? 1. we strike Iraq 2. OPEC announces new cuts 3. Venezeula & Mexico announce new cuts 4. Winter blankets Americas heartland 5. Brent moves to $12 6. Clinton does not get impeached 7. the tax loss sellers turn into buyers on Dec 31st ...forward - let alone the short covering on both crude futures and oilpatch stocks on any or all of these events ! ...another "Suckers Rally'' or the beginning of the ''Real Deal'' that finally sticks ? In essence - we are all betting one way or the other on the above. Personally; I'm betting on ''hitting'' 6 of 7 here; and won't be surprised on ''running the table''.... 4 of 7 makes the Oilpatch move up substiantially imho. In reviewing the likliehood of the above events - how can one not be ''in-play'' here ? comments ? once again; No one has an answer for the proverbial enigma in the 'patch ----> one can not buy oilpatch stocks cheap when we have positive crude fundamentals ! One either has to buy them cheap when fundamentals are poor; or to buy them when they are not so cheap, when fundamentals are good ? - What was the old saying about buying low & selling high ?