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

To: M CAHILL who wrote (34588)	1/8/1999 11:07:00 PM
From: Mike from La.	Respond to of 95453

I'll give you opinion, which is free and worth at least twice that much. Wait until the oil storage figures come out Wednesday morning to see if the big drop in the API figures for this week is a fluke or not. Myself, I'm not willing to roll the dice that the figures will be good. This is a volatile sector, and big gains are usually followed by big drops, two steps forward, one, and sometimes two steps, back. I assume you're interested in trading. If you're looking for long term, your selections are good. I'm sure you know from reading this board that there are a lot of good picks in this environment, I favor companies involved in deep water myself, ie CXIPY, PGO, and the drillers. Buy on dips, I can pretty much promise you, there will be plenty. Good luck. Mike from La. Mike from La.