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To: SliderOnTheBlack who wrote (35830)	1/26/1999 11:12:00 AM
From: Platter	Respond to of 95453

Oil at $12.24 down 20 cents, OSX down 1.79 ...here we go again...waiting on those API #'s

To: SliderOnTheBlack who wrote (35830)	1/26/1999 11:12:00 AM
From: Crimson Ghost	Read Replies (2) \| Respond to of 95453

Slider: We apparently differ in our TA -- I view low volume declines as much more bearish than high volume selloffs -- especially when the stocks are very depressed to begin with. High volume drops show that there are buyers in size as we drift lower; low volume drops signal that prices still have not fallen enough to attract large value buyers. But I do agree on the vital significance of Secretary Richardson's trip. If Saudi oil policy changes we will get a huge rally. If not -- significant now lows on the OSX are virtually certain.

To: SliderOnTheBlack who wrote (35830)	1/26/1999 1:09:00 PM
From: upanddown	Read Replies (1) \| Respond to of 95453

Slider, you must have gotten some SDC today since it is down sharply. Its one of my favorites since I have ridden it twice for 40% average gains in the last three months. Looking to get back in the mid 13's. No debt and lots of cash. HQ'ed in the heart of the patch but no domestic exposure. One concern.....short interest up sharply (up 241%) from 12/15 - 01/15 but still less than one day's volume. John

To: SliderOnTheBlack who wrote (35830)	1/26/1999 3:39:00 PM
From: Broken_Clock	Respond to of 95453

Slider, <<I think low oil prices are positive for anti-inflationary policy; but are dangerously teetering on crashing Oil dependant economies Globally - big time arm twisting coming soon;>> Consider this: USA policy has been to economically dominate the third world by way of: 1.#1 military deterrent force 2.#1 economic deterrent force 3.#1 currency deterrent force 4.#1 political deterrenet force(democracy) All these are to benefit US multinational corps. These corps. benefit from low oil. Destabilizing the third world keeps USA as #1 enforcer. It's a dicey foreign policy, and one day will bite the US public right in the hind quarters by way of another oil crisis. There are many, many books written that discuss these issues but you won't find any on the NY Times bestseller list. -g- The US farmers have been trashed by this policy and is it any wonder that US small time oil interests are now on the chopping block?