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To: Jacob Snyder who wrote (42473)4/17/1999 1:30:00 PM
From: Crimson Ghost  Respond to of 95453
 
FSESX and OSX may dip a little next week, but this run is far from over. I have a lot in this sector already and will buy more on dips of 5%.. I see OSX going to at least 80 and possibly 85 this quarter. And this oil bull is only 6 weeks old. Still lots of time for crude and the OSX to advance further.

Egypt's energy minister has stated that OPEC is eeking to push Brent to $21. That equals $23 WTI. And $23 WTI equals OSX 100+. In that context my target of perhaps OSX 85 does not seem so aggressive after all.