Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: ItsAllCyclical who wrote (56274)	12/7/1999 11:19:00 AM
From: SliderOnTheBlack	Read Replies (3) of 95453

BAMM ! EOG - loading the "ark", buying OEI UPR PXD NBL XTO FST APA as well here. ... time to make a "bet" - one caveat; this is my trading account - I can survive if I lose it all - not, recommending this to anyone. I have some very short term goals and if I hit this; then I can do something I wish to do businesswise, if I lose it all - I can sleep knowing that my gut & my brain - said go for it... Nat Gas plays like EOG below this past january low's - NBL at a 5 year low ! these offer 50-70% upside to their RECENT highs - folks - I just gotta do it - don't know if I'll ever see another opportunity like it in my lifetime - margining full throttle here; going to lose a $hi^load of money, or double-triple my total working capital in 60-90 days. If I bet wrong here - folks I will be gone for Xmas, or shortly thereafter - because I will be busted... but, I just gotta play this one - have to. Literally - when may I EVER see $27 crude, API declining with a strong trend taking us under 300 M boe - Nat Gas powerhouses selling at 5 year lows - with gas prices STILL where they were at during their 5 year HIGHS !?!?!? This IS an anomaly - period. ... all the chips will be out by today. API's WILL show the holliday drawdowns here. This is not gambling; this is making a leveraged business decision that may not ever present itself again. I am putting all the chips up - no different than the guy who risks his life savings to open up a neighborhood Pizza Restaurant. All the chips getting bet today - overbuying to trigger borderline 30% maintenance leverage. I just gotta know... going to be living large; or die a swift death like a warrior. This is my "final bet" with Amarillo Slim - I call.

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