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

To: Rustee who wrote (35615)	1/21/1999 10:29:00 PM
From: Platter	Read Replies (1) \| Respond to of 95453

New York, Jan. 21 (Bloomberg) -- Crude oil rose 5 percent, the first increase in seven sessions, after an industry report showed that U.S. inventories were close to levels a year ago, when prices were a third higher. Crude inventories now are only 1.2 percent larger than a year ago, the American Petroleum Institute said late yesterday, down from 6.9 percent last week and the narrowest gap in 15 months. Crude supplies stand at 321.9 million barrels, the API said, below the 324.5 million analysts expected. ''It looks like crude has turned the corner,'' said Michael Fitzpatrick, a trader at Fimat USA Inc. in New York. ''The year- on-year inventory is the best it's looked in a long time.'' March crude oil rose 59 cents to $12.46 a barrel on the New York Mercantile Exchange. In London, March Brent crude oil rose 47 cents, or 4.5 percent, to $10.98 a barrel, on the International Petroleum Exchange.

To: Rustee who wrote (35615)	1/21/1999 10:50:00 PM
From: A. Geiche	Respond to of 95453

Richard: Interesting subject; I am afraid not for this thread only. "We get what we fear most" -- this is actually a strange psychological phenomenon. For example, a person must jump across some tiny brook, a mere nothing for anyone normal; but if his mind is seized by fear, he will just turn and fall right lengthways into it.. This is though such degree of fearfulness that precludes any rational carefulness..