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

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To: BigBull who wrote (60492)2/17/2000 3:29:00 PM
From: jim_p  Read Replies (2) of 95453
 
BigBull

Oil is down $.70 for the March contract,and only down $.33 for the Jan 2001 contract. The market is adjusting for higher oil prices. To me this is very bullish. Also NG is up .09 today, which doesn't hurt.

Nice recovery on the OSX and XNG today. OXS currently down less than 1% after four out of the last five days were all up strong. Very impressive.

Bought some KEG, DO, and PXD on the pull back, and staying on 50% margin here.

NR, BSNX, XTO and NBL have all been strong today. NR is hard to believe after their poor earnings and their run from $5.50 to 7 $1/16 yesterday. Something must be up?

Jim
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