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

To: Jamey who wrote (37814)	2/18/1999 10:49:00 PM
From: VLAD	Read Replies (1) \| Respond to of 95453

FWIW, After the close today I put in a few bids on instanet a little over the closing price on some of my favorite drillers. None of the orders filled. Expect some type of gap up on tomorrows open. THIS TIME I think we finally found bottom after today's trading. I don't think the oil traders can screw with the prices much longer. Sentiment is changing. Production continues dropping and I think the writing is on the wall now that OPEC members are serious about supporting prices by following quotas. IMHO the March OPEC meeting will be fruitful as I think the members are starting to realize that they are only cutting each others throats and we will soon be seeing $15.00 oil. VLAD PS Kosovo WILL be bombed within 48 hours adding a little more international instability.