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

To: Big Dog who wrote (41343)	3/31/1999 12:25:00 PM
From: John Carpenter	Respond to of 95453

Work and pleasure should be synonymous. If not, it's time for a new job.

To: Big Dog who wrote (41343)	3/31/1999 12:33:00 PM
From: SliderOnTheBlack	Respond to of 95453

An ''Anomaly'' in which to buy ? Anyone have any info on this ? Have we ever had a 5-8% retracment when Crude prices were firm, or even slightly up - (as we are presently having) and ''not'' had a firm ''bounce'' back recovery and a move up beyond the prior base level ? My ''gut-memory'' says this is an ''anomaly'' on which to BUY ! I don't have the stats' - does anyone have to ability to post a link to an ''overlay chart'' of Crude Prices and the OSX ? - I know there was one posted here recently ? osxstocks.com Ron's link on his OSX/Oil chart above isn't working ? - can anyone else post an overlay of say a 90-180 day chart on Oil prices/OSX ? -- I'm thinking that there has not been any periods of late where we've had Oil up and/or steady and had a 5-8% retracement continue to lower lows - yet alone, not rebound to a higher high than the original base ?

To: Big Dog who wrote (41343)	3/31/1999 12:35:00 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

I chose retirement over marriage. Now I work when I feel like it. Haven't felt like it in quite a while.

To: Big Dog who wrote (41343)	3/31/1999 1:15:00 PM
From: Crimson Ghost	Respond to of 95453

Big: I believe Platter sold his OS holdings. Some have opined that OS should not be rallying because most of the strength in oil comes from lower supply, not higher demand. Two comments: First demand is projected to rebound soon. Second (correct me if I am wrong), doesn't much OS and drilling activity reflect the need of oil companies to maintain and/or expand their reserve base regardless of current production? And do not oil companies have to maintain a decent level of activity or risk seeing their existing fields degrade and recoverable reserves erode?