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

To: John Doyle who wrote (52685)	10/8/1999 2:07:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

wow; just got back; thanks for warming things up people (VBG)... Set some stops; triggered a buy on GLBL; close on OEI, getting close on ESV & FLC. GaryB... you are truly patience personified... I would be averaging in - but, so far you've been right - do your thing; but - man; don't miss your own truly "great call" ! Love GLBL the best here... like ESV as my fav' driller for the quickest 50%+ run from todays prices - limit sitting at $14 3/4's - FLC calls in the $10's - aint wasting cash on common stock with FLC @ $10 (VBG). Nat Gas stocks who will show huge year over year - quarterlies here, are irrationally/illogically selling off in lockstep - they are a solid buy. - like CRK here. It truly is "throw a dart" time; but with some savy stockpicking here; we are in "double"+ return territory potentially by year end. GLBL = easiest "double" imho; their recent acquisition is not understood here; of any CEO to put your faith in - Wm. Dore is the one & there is adequate info on the acquisition for me to feel not only comfortable; but rather like the cat with the mouse in his paws - in making GLBL my largest holding... "If Greed is Good" - then GLBL is GREAT !!! - #1 buy in the 'patch imho... Buying on margin here - and now comparing & looking at "Calls" vs. margin... The spin doctoring on OPEC compliance and DRW's call on selling the drillers; is a very well coordinated move; where the crude futures traders are cashing in - in unison to the Institutuions unloading here... crushing some individual players; and then reloading here soon -perhaps right now... near criminal; but to those who have postioned themselves well; nearly a gift from heaven. Never has the "time" element in comparison of prices to fundamentals presented so much near term opportunity. Rig Counts will keep rising here, triggering improving dayrates; storage supply will continue to decline, Nat Gas soon in its demand/drawdown season, Crude will bounce back on the first 2+ Million BOE drawdown - maybe next week... nothing fundamentally on the horizon that does not indicate that this is "THE" gift horse buying opp since the beginning of the 1995 cycle imho... What does Nike say ?