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Strategies & Market Trends : Strictly: Drilling II

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To: Art Bechhoefer who wrote (11403)4/30/2002 1:05:01 AM
From: rails99  Read Replies (3) of 36161
 
Hi Art: Re.: BHP.

Look at BHP for oil, gas, silver and other basic materials. Not that I recommend it, because I hold PMs such as MFL BAY FGX TNK, etc; at this point in time. JMHO.

I will look to buy the gassers on dips. Isopatch and some others on the thread seem to have a real good sense of bottoms in the gassers.

Historically, it would be from middle March till Memorial Day, as a normal lucrative period to hold the integrated oils. Not true for the down days of 73 thru 1982. Re.: CVX: Looking at the long term 30-year historic chart; Chevron is due to split this June. Looking at historic chart of CVX: Best time to buy would be the June/July dip one year after the split; then accumulate/reinvest dividends for a holding period of about 20 years. (All this JMHO & FWIW).

Perhaps one could explore options purchased on any big dips, before the dividend period for the integrated oils. My coarse study of the week before triple witching Fridays has lead me to believe: That options week combined with majors going ex-dividend, is bound to pay good money; If the two would happen to fall together on the calendar. Perhaps Roebear would like to give us a hint, as to his experience in the matter. Would need to know the expiry for the integrated and track ex-div dates, correct? All this is JMHO.

Best Wishes;
Rails

PS: Most all contributors to this thread would not give my opinions very much credit; as would pertain to any of their lucrative trading results. <gg>.
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