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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (12280)1/4/1999 9:13:00 PM
From: Ditchdigger  Read Replies (2) | Respond to of 29382
 
demand<vbg>..I feel oil prices have searched and reached a bottom of around $10. Obviously gas and heating oil demand is on the rise,and we will be approaching the summer driving season again soon (very soon, I
hope<g>)We will be seeing more consolidation in the industry,and this will be helped along by the Euro,IMO.I also feel commodities in general are searching for a bottom.I just don't see much downside and do see investor pent up demand for OSX stocks..That said,my mental stop on PKD is at about 2 15'(I won't hesitate to cut and run)..And who knows maybe OPEC will get is sh..t together<g>..DD