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

To: Tomas who wrote (53276)	10/20/1999 12:22:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

Tomas: Great Post; that is the "ENTIRE" story here... OPEC will maintain cuts; they have no choice. If they do not; instant reversal in speculative trading in crude futures - immediately a $4-$6 blow off and they know it ! More importantly than that; they will NEVER, EVER have credibility again. They will forever be expected to cheat and no one will EVER listen to anything they ever say again... they MUST and they WILL comply. ... and the good thing (as Martha.com would say); is that it WILL definitely create a crude price bubble. The only way that OPEC can increase production(which they'd love to do) is to bring the free world to its inflationary knees... and they will - bank on it; I am (VBG)... another reason I am looking to nibble at Gold stocks on a pullback in gold.Inflation will rear its ugly head... wait to see if the consumers spend too heavilly this Xmas... they will. OPEC can have their cake & eat it to here. They will bring the world to its knees with $30 Crude; then ease production bring it down to $22ish smoothly without the speculators killing them for "cheating"... it will happen. These E&P's today are a complete gift ! Bought OEI, dipped in UPR - jimL - I've been touting PXD for mos... they have a very important valuation metric statistic that I love ... (why I share this info any longer I don't know (VBG)... for each $1 rise in crude; these 4 companies have the greatest impact to their NAV of any E&P's in an analyst watch list: in order: OIL NEV PLX PXD Pioneer will double over the next 12 mos if crude remains over $18 - the mathematic valuation multiples absolutely guarantee it. A return to 1998's $25 is not unrealistic in a $22 Crude price environment... calls on PXD are a killer... how'd you stumble into that Jim (VBG)? - I'd be buying NBL - far out calls; no large cap in the universe will have their cap ex spending increase & leverage; I'm waiting for a blow off - another $2 and I load NBL calls... UPR a great balanced oil & gas play; nibbling today - own from the $12's - this had strong buying on the entire retrace... if will see $20-22 this spring. It's been bouncing from $16 to $14 in this environment. PS: EVERYONE; please... do me a favor and... DUMP PGO, DUMP THE CHUMP - JUST DO IT... SELL SELL SELL - GEICHE & CosmoCpsOmisomopoulous; GIVE ME YOUR PGO.... MANIPULATE, MANIPULATE, MANIPULATE.....SPIN, SPIN, SPIN....(VBG). ... waiting on NBR to do a SDC like selloff... can't catch PTEN, or UTI here cheaply; would love some NBR in the $20's for my land drilling play.$20 to $30 another chip shot; 50% = 100% on margin... ... and SII - oh baaaaaaaaaby; 50% back to its Sept highs = a 100% margin pop... bank on it; there is "no better play in the patch imho." Maybe AOL earnings will be the gas on the MSFT fire and light the candle for the market here ? E&P indicator stocks of APA BR EOG VRI are all green today... stock picking nirvanna... we aint gonna see OSX 60 here.... C'Mon AOL light that fire...