The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: charlie mcgeehan who wrote (80125)	12/21/1999 9:37:00 PM
From: JR	Read Replies (1) of 90042

The use of oil appears to be at worst steady to up swing. Assuming this remains the case for the next year then the only relief is production. If this remains stable until march or April and the continued decline in API # will tilt the short term to the upside. Long term depends totally on the production side and if OPEC etc can control production to keep oil above $20 all of next year. If so then by June one should see a 40-50% increase in price. Like NBR SDC EOG UTI HAL (BHI LONG TERM REBOUND) BSNX Have owned in the last 60 days NBR FLC GLM PTEN now have EOG BSNX UTI SDC

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