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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (902)8/30/2001 12:13:22 PM
From: Cogito Ergo Sum   of 36161
 
Hi frank,
My suggestion is to watch some of the Canadian NA patch players, there is going to be some excellent opportunities in the next couple of months. IMHO, stay away from the crude plays, they're going to be killed here shortly.

Actually I've been LT bullish (mainly NG) (also why I follow craig's thread) IFF the economy cooperates, so maybe optimistic is a better word.
I'm still short to intermediate term bearish, which of course can always extend, because I'm waiting until the economy tells me otherwise. Hence I only kept my ELH play :o( and sold all my other energy plays :o) :o) (except for some minor toe dipping in trusts which has been fine) For me it's all to do with the economy.

My suggestion is to watch some of the Canadian NA patch players, there is going to be some excellent opportunities in the next couple of months. Agreed, hence my post a few days back to Art re: AEC. I'm not committing any big money to anything except of course my PM's and my FAX (a play on the US buck) holding is now moderate.

As with your posts about a multitude of topics, mine don't necessarily indicate what I'm buying nor my mood unless I say so, for example my mention of Ford. I'm still in capital preservation mode so I guess that makes still pretty grizzly :o)

It would be nice to have a plan going forward (with contingencies), once we begin to take serious profits in our PM and hedging ventures, n'est-ce pas ?

Markets down in Europe and NA all significantly today... gold turns positive.....

If this is going to be a Fantastic Voyage... I want a spot with a seat belt, near an exit door......

regards
Kastel
a cute and cuddly Canadian, struggling to be proactive.... or as Vinny Barbarino once said ' I'm sooooo confused

Oh Yeah and beside Raquel Welch too.
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