HI Bob; Thanx for the fax offer, but I have to get off the internet
to get it, and it don't sound like I need it anyway.
Heck I was pushing oil services last year, when crude hit $25
I'm a tug captian in the oil field, it's jumping is old news
heck most all the oil srv stocks have it priced in now..
I done been in and I am now out of them..I may have left some
on the table as they may go on up, but for now I got one mutual
fund, OAKSX, stocking up on some ECO, and making a run at VUPDA,
and MOOV, maybe if we get gas lines people will stay home more
and watch vidios <g> but I don't really see the gas lines, we are
bringing in wells hand over fist, of course the last shortage,
was "rigged" I know for a fact as I was taking supplies out to
the loaded tankers..offshore looked like a huge city there were
so many tankers just sitting there loaded..when they got the price
up it took 3 mounths to offload all the ships,..the oil cartel
does what it wants too..guess what hurt Japan so bad last year,
and is still giving them a fit..( they are oil dependent more so
than we are )...I can't predict the future price of oil..it does
not depend on supply/demand as much as they would have you think,
it's more along the lines of what will the traffic bear.
As we get more GAS guzzelers they can up the price some, but they
learned a lesson last time..all the little cars got popular, 55mi
speed limit, and such will cause them to think twice before they
cut off the supply again, it took a while to build the market back
up..<G> BTW I see the drilling boom running at least another year,
more likley two, and will get back into drillers on any
correction of the market.
Jim |
