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: isopatch who wrote (87145)	2/14/2001 4:57:37 AM
From: GREENLAW4-7	Read Replies (2) of 95453

SLB AND ITS POTENTIAL; Most know me from shorting the OSX when oil hit 35 and above. i took alot of crap but in the long run I made an incredible amount of money. Recently I have been studying CRUDE, and where it may be heading. I also included in that study the NASD and the OSX. My conclusion is money will flow slowly into this sector for the next 4-8 weeks. Then as OPEC starts to take advantage of the coming summer driving season we will begin in early March to see the inventories slowly depleate. I would not look too much into this weeks API, I believe the next 4-6 weeks will show the GREED in opec again. So regarding the best play in OSX would have to be SLB. Even if it heads to 61 its still the most diversified in the industry. I do believe as everyone loses faith in tech and NASD it will make a nice rebound to 3100-3400 range. Of course most will have sold out, and that is what makes me more bullish then before. Good luck all, and i do believe this is time to start accumulating OSX stocks for a run in late March -June!

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