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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject10/11/2002 8:15:56 PM
From: jimsioi   of 36161
 
Coxe's instructional and Crude

Coxe is somewhat upbeat this week and provides even more than his usual instructional listen .... little stock market rally helps. He highlights "liquidity crisis" and what that means and discusses whether in fact it exists etc. Among other good perspectives on a variety of topics he points out what a help to Euro dollar liquidity a drop in oil prices would be and hence to the general economic climate and markets.

His quote of the week:
Harvey Pitts, "I'm not as stupid as I look."

jonesheward.com

Crude
think the chart is saying the discounting of a US victory in IRAQ is beginning that will result in a dump in oil prices when complete. When that occurs, and assuming the E&Ps (particularly oil heavy) have accordingly reacted, we'll have the mother of opportunities ( better than a maybe).

futures.tradingcharts.com

NG looks quite vigorous in comparison - helping the Canadian RTs like big percentage winner PVX today....up from the dumps.
futures.tradingcharts.com

PVX - distribution increased yesterday now at 20% per annum, payouts monthly. Investor DD suggested before any leaps are taken.
Hooks in on the DMI, steadily rising A/D line, probably pull back to $6.75-80 next week where I think I'll buy some more of it my largest individual holding.....so you know my bias..
stockcharts.com[h,a]dbcayiay[pc50!c20!c100!f][vc60][iut!Ll14!Lf]&pref=G.

jims101
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