Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Art Bechhoefer who wrote (2036)	9/23/2001 2:45:46 PM
From: Frank Pembleton	Read Replies (1) of 36161

Art, -- favorable comments on this thread -- are you sure it's not from somewhere else? I've only recently become bullish, pertaining to my standpoint of the Canadian markets; everything that was down is up. I'm told it has something to do with U.S. M&A activity and maybe a little with WWIII. IMO, you can throw away the API/AGA statistics because it's Allah that's setting the price of crude at the moment. It's the reason I’m completely bullish on North-American big cap heavy oil producers with lots of reserves and state of the art upgraders. BTW: Look for a big move in the NG stocks in the beginning of December, -- the move is happening North of you already. Regards Frank P.

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