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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (50767)	9/9/1999 2:33:00 PM
From: JoeDi1213	Read Replies (2) \| Respond to of 95453

I'm doing some light selling here

To: The Ox who wrote (50767)	9/9/1999 2:55:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

O/T MichaelH... re: ''no reasons to sell'' Mike; I have to use that as a disclaimer for the "once you buy - you can not sell - 'till you die'' crowd. Just merely wanting to save all the - I'm shorting/dissing the OSX... comments here. Hell; I was just thinking out loud about FGI - and now I am allegedly shorting it etc ... not at all.... Crude is going to create a speculative ''bubble'' before its all over.. that is when EVERYONE had better be selling... OPEC has to create that if they continue to comply - and they have to continue to comply. Their choice is if they stop here... they create $15 Brent... if they stick to cuts... they know they will create mid-high $twenties crude... and then, when the negative reaction occurs from the Crude ''Bubble'' - then they can open up production without being criticized and penalized by the futures traders.... OEI breaking out nicely fwiw... loaded in other things at the moment - saw it at $9 7/8ths mere days ago.... it will go to $15. A great choice for a play on Crude vs. Gas here... Has more crude leverage than many names spoken about lately... might be a big cap E&P rotation choice for anyone taking profits on APA BR etc. here... sub $11 is a gift imho. PS Jim L: Re: being able to accumulate 100K shares of MEXP without moving the price... I have to disagree. Over 3-5 trading days - this is not difficult at all. 2,000 here - 1,000 there, slip in a 5K, another 2K, 2k, 2k all in a good days work. 15-20K a day like clockwork - and absolutely zero pressure on the stockprice ! Actually all of the hype has frozen out all of the daytraders ! - after "Black Thursday's" blow off - there is no longer big profit taking on mid day spikes and the end of the day exits... absolutely no daytrading in the tape action at all here... They got entirely ''cleaned out'' last thursday. This is behaving "rationally" - which I can not complain about... it is giving slow & steady accumulation opportunities. Now, if it would choose to start behaving irrationally off of the Drilling News, or the Bank Refi - that would be fine with me in about another day, or two... Regardless of what anyone thinks - MEXP is NOT reacting to anything anyone is saying here, or anywhere else... looking slow & steady here - a good thing. PS - Is OMNI now the king of the laggards, or the next Bankruptcy candidate ????