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: dmccoach who wrote (59635)	2/2/2000 10:51:00 PM
From: CommanderCricket	of 95453

dmccoach, I kind of felt the same last fall and winter. My attitude has changed since I got rid of my "runts" and starting concentrating on where institutional money will flow. The funds are not going to pay much attention to the TMR's, RRC's and especially the MEXP's of the patch. I believe in time these will be good investments, but OEI, EOG, XTO and others have a better following, thus can attract money. OEI has been a gold mine for me. I have flipped 4 times for 15% gains since christmas. Just started the same with XTO (always keep a core position in each). I'm concerned about the action in EOG, however the triple bottom it put in is interesting. Missed another chance at FLC, looking at GLBL again. Very disappointed with todays'action. Maybe with the large gas draws, tomorrow will be our day. BTW: I didn't mean to suggest that OIL in not a good investment, only that I am adverse to political situation in Colombia. OIL opportunities in Africa could be awesome.

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