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

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To: ItsAllCyclical who wrote (64028)4/7/2000 9:59:00 AM
From: Roebear  Read Replies (1) of 95453
 
JimL,
Kudlow smudlow, oil is above solid support at 24.90, but important for OSX to have a good day after reversal stick.

Agreed on the CNBC 10 minutes, think we can get equal time?
Has BSNX opened, still showing 0 volume few minutes ago.

Somebody likes the UPR/APC deal, both look solid today.
Disclosure: As a margined double for me I may sell some soon, hold rest until weakness.

The sheik is buying but if its oil he ain't telling (guess he has plenty already):
***
Prince Alwaleed has bought himself some new stocks. He bought $100
million of Xerox (XRX, $28, up 2), $100 million of Eastman Kodak (EK, $61,
up 1), $400 million of Compaq (CPQ, $29, up 2). He also bought $400
million of AOL (AOL, $65, up 2), bringing his total holdings in AOL up to
just over $1 billion.

COMMENT: We always watch what The Sheik (as he is affectionately referred
to on Wall Street) is up to. It is fun to think about what it would be
like to invest in $100 million chunks. But seriously, he has had a
TREMENDOUS track record of investments. Citigroup (C) at $4; Apple (AAPL)
at $18, etc. If you want to make big money, follow big money. Then, reread former sentence!!
****
That was from a bull techie newsletter, my apologies gggg.

Best Regards,

Roebear
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