Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (16799)	8/1/2002 5:18:54 PM
From: rails99	Read Replies (1) of 36161

Hi Frank: Hope your fun with the tech stocks works out. I had quite a day working with PBR preferred. Started at US12.50. Out at end of day at 13.30. Missed the run from 12.85 to 13.01 while I was just watching the tape. Was to pay 30% dividend at close. Did not feel like waiting to see what happens in the AM; so settled for under 10%; not holding overnight. Still got some PGO, not much happened with it today. Worked with TSO today, bot at US$4.00 yesterday close, sold at 4.25 this PM. May revisit all the above three tomorrow. WMB may be fun if there is continued strength. My theory: Quite a few folks are bottom fishing in oil stocks; may possibly see a large increase in prices due to the "war factor": Just makes for some good trading. You got any information as to the status of Cumberland; info from Claude? I have not seen much of a mention, perhaps I missed a post somewhere? Best Wishes; Rails

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