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


To: JungleInvestor who wrote (57244)12/21/1999 11:20:00 PM
From: articwarrior  Respond to of 95453
 
All right folks lets get some things straight...

#1 Earnings are just around the corner. Does anyone doubt that they will be most awesome?

#2 Ask yourself, why are all the investment firms are recommending oil and gas stocks now?

#3 If the last two questions still have you confused look at the glaring numbers in supply/demand.

When all is said and done and the cards are lying on the table...Each card is an Ace and we have four of them. Patience will be rewarded. Those who don't understand the huge potential draw in Nat Gas; consider that Nat gas is used up at a 3:1 ratio to oil. So when the cold hits the states or Europe or Asia it will be days not weeks before we have a shortage on our hands.
We stand on front lines holding the keys to the future energy needs of the world and they are practically giving us these stocks...No, this is the time for the BOLD investor who looks at the internuts and techs and stays the course. Fads will pass and the fire of the tech world will narrow into those few worthy of smashing their competitors. The question lies in where does the energy needed to send goods and services around the internut world come from? Oil, and Gas powered turbines....
The cry for MORE and MORE energy is heard from ASIA, from KOREA, from JAPAN, and INDONESIA..."We need more oil and Nat gas"...GDP from these 3rd world and European countries is growing a fast pace.. Korea grew at 9.3 percent last quarter!...HELLO folks..This time the demand will cry out for more supply and the OPEC and non OPEC countries will unite to disperse this precious commodity at prices that finally reflect true value and not beaten down disinflated prices.
Here we investors stand expectantly for the titans of energy to increase capex for exploration & production. Of course at a reasonable price (30 -50 dollars per barrel) so that all can prosper.

Now remember that this is JMHO

Good Trading Folks

Arcticwarrior(all rights reserved et. al)