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

To: SliderOnTheBlack who wrote (54102)	11/5/1999 3:26:00 PM
From: Broken_Clock	Respond to of 95453

Slider, It would be nice to see PXD take out 11. -g- EOG very good volume today....along with BR and PXD. RIG and GLBL look to be the best buys today in the OSX. I'm not fully onboard with PGO. I didn't like their comments re: North Sea action. RDC moving two gorillas back to the GOM looked like North Sea capitulation! If they can lock 'em up in the GOM then EPS should overcome secondary?

To: SliderOnTheBlack who wrote (54102)	11/5/1999 3:30:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 95453

My trading sense tells me OSX is not going down solely because of short selling manipulation. Seems to be discounting some kind of bad news yet to come out. I doubt we will see a sustained rebound until this news (reduced OPEC compliance, major broker downgrade?) becomes public.

To: SliderOnTheBlack who wrote (54102)	11/5/1999 3:35:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

Bull; I should have added; I think FLC may be the best buy today... Most drillers are holding okay, SDC is cheap & RIG as well;but they are capped by their intnl exposure for SDC and longterm contract lock ins for RIG, but if ESV MRL NBR UTI sell off a bit more - they are my ultimate fav's - but, are holding well accordingly. FLC is the cheapie right here, right now imho. Also in E&P's; BR turned around strong, PXD up nicely; UPR up strongly, EOG turned up 3%+ intra day; we are seeing the fundamental value in E&P's being snapped up here. We are in transition; some selling, some buying - again; imho - this ends tuesday into the close, or wed at the open; after next tuesdays API's. NBL is a damn gift; if I trusted my gut; I'd really load some irrational call leverage here... but, margin vs. heavy call buying is more prudent imho. - I know, you limit your downside with calls; but I like the moderation of margin vs. calls. ...allthough Feb PGO $15's at less than a buck; are a 5 bagger back to its sept highs...hmmmmm ? Gotta believe; lots of seismic work going to be started; post the nice Q4 commodity price realizations by these E&P's.