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

To: Roebear who wrote (54792)	11/15/1999 10:37:00 PM
From: Roebear	Respond to of 95453

A different viewpoint, I guess: Message 11937763 To: IQBAL LATIF (29735 ) From: Al Serrao Monday, Nov 15 1999 5:24PM ET Reply # of 29743 Uncle, we will wait for the 16th and see if transports hold above 3200. If this holds you may wish to look at BAB and UAL.UAL may be purchased here at 67 with a close stop at 64 a double bottom sell. Oil hits a new 34 month high today. I believe these oil prices can only last long enough for the oil producers to square away their bank lines of credit. This was nothing more than another surcharge for the American consumer to bail out banks in trouble once again. As soon as the banks reduce this exposure and build up additional reserves for these debts, we will see oil drop. It would also signal the time to take money off the table on TMX. Best regards.