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


To: SliderOnTheBlack who wrote (34621)1/9/1999 12:30:00 PM
From: Denice  Read Replies (3) | Respond to of 95453
 
Slider,

Thanks for all the information and entertaining posts over the past few months. Here is another question that I would like to hear anyone who cares to, comment on.

If we are in this bubble everyone is talking about (I believe we are), what will happen to oil stocks when this bubble does burst? Will we go lower with the rest of them? Or do investors head for gold and oils during these times?

Also, what if we enter a recession because of the bubble bursting. Will the demand for oil decrease therefore leaving this glut on the market, driving prices down once again? Any opinions and/or explanations welcome.

Thanks

Denice