SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: A. Geiche who wrote (38206)2/24/1999 7:11:00 PM
From: Crimson Ghost  Respond to of 95453
 
Right or wrong; the street is assuming the OPEC meeting will be another dud. That is why we probably are going to get the climax by next week, well before the OPEC meeing. Why else would people be dumping here?

Once we climax a nice rally will begin. I would not be surprised to see OSX 60 even if the meeting is a dud. At that time the boys may start to discount the probable success of the NEXT meeting as well as the impact of dropping non-OPEC supply. And if the March conclave is successful -- to the moon baby.