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

To: upanddown who wrote (39676)	3/11/1999 5:08:00 PM
From: diana g	Read Replies (2) \| Respond to of 95453

Hi John, I am also very much reminded of the situation one year ago. And I remember how careful the Saudis have been not to excite false hopes before these meetings. Now this time they and others are grinning and pointing up. (figuratively. <g>) It seems many stock traders now see uncertainty ahead, a history of disappointments, and a nice rise from recent lows. Deciding to take profits here is perfectly reasonable. But I think we are going to see good news from the producers. I expect a return to more historically normal oil prices, and all that means for the drillers et al. Just mvho, of course. Also-- you know that expression "A bull market climbs a wall of worry."? Slider has become much more cautious, and I take that as a sign that we are now at the beginning of a bull market.<G> regards, diana