Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Jimmy Dell who wrote (4380)	2/5/1998 8:41:00 PM
From: Jess Beltz	Read Replies (1) of 7396

Jimmy, where do you get your oil index (OSX) data? I'm thinking that this is a good place to make some bets in the next quarter. In addition to the Saddam crisis, there's also some real sentiment out there (see a Barrons about a month ago) that the numbers being reported aren't accurate, that in fact oil reserves are at a near historic low, and that there isn't a lot of new production coming on line, all => future price rises (read profts) for the big refiners, especially those that are sitting on sizeable reserves, and good times in the export/drilliers sector. Also, I haven't bailed on ESON just yet. Insider trader likes its potential as a takeover target. jess.

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