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To: Gameboy who wrote (55753)12/1/1999 12:45:00 PM
From: IndioBlues  Read Replies (1) | Respond to of 95453
 
As of today, OEI and VRI are my two largest holdings. <eom>



To: Gameboy who wrote (55753)12/1/1999 12:46:00 PM
From: Gameboy  Read Replies (2) | Respond to of 95453
 
Last check, natural gas had just climbed another notch to $2.36. It's time to bite back.



To: Gameboy who wrote (55753)12/1/1999 1:07:00 PM
From: dmccoach  Read Replies (1) | Respond to of 95453
 
Gameboy,

I agree... I took a position a few days ago just below $8 on OEI because I thought I saw a potential turn on the daily chart ahead, but with the action today on the heels of the positive API report (with cold weather here in the NE to boot), I gotta say that I think OEI will continue its listliss down trend... Now, with no news on the horizon other than more OPEC may raise production "reports" and the forecast for a warming trend, well I just don't see a pop coming for these E&P's... As soon as I finish this message I'm going to limit sell at 7 1/2 and hope I get it. Looking at the longer term chart, $7 should be support, but if it gives, I'd guess we get to $6 pretty quickly, in say, Q1 2000...

Of course, my sentiment could be your best contrarian indicator!

Dan