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To: BigBull who wrote (53288)10/20/1999 12:03:00 PM
From: ItsAllCyclical  Respond to of 95453
 
EOG is restoring my faith. Big blocks coming in all day on the buy side (30K, 38K,20K, 15K). Two blocks just went off a full 3/16 above the ask at 22 1/4.

I just bought more OEI at 9 1/8 because of EOG's action. OEI is a steal here. There is no way it's not going to be trading back in the mid to high 9's shortly.



To: BigBull who wrote (53288)10/20/1999 12:13:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 95453
 
BigBull, Yup Boom 2000 is coming... And let me add one more observation from today from talking to my gas marketing friends...

This recent cold snap in North America caused LDC's to pull gas out of storage to meet heating/electricity demand. Usually this time of year the weather is mild and gas is being injected into storage at a high rate... I still think we'll see $4.50-5.00/mcf this year....