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To: Jon Cave who wrote (61156)3/1/2000 11:19:00 AM
From: jim_p  Read Replies (3) | Respond to of 95453
 
Bought some more APA at $34 5/8 and BHI under $25.00 today. Buying on the dips and staying full margin. APA is now my largest position.

Jim



To: Jon Cave who wrote (61156)3/1/2000 11:24:00 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
This rally is MUCH different than any of the rallies in the past two years.

1. EnP's have 2 good quarters under the belt. Last quarter set all time records for many EnP's
2. This will be yet another record quarter for many EnP's
3. Analyst upgrades coming out of the woodwork now.
4. Prices for most energy commodities near/at all time highs, and prices for all energy commodities rising rapidly recently.
5. analysts no longer talking about oil going back to $18
6. consensus in industry that if OPEC errs in production changes, it will be on the conservative side
7. all energy stocks at dangerously low levels
8. Gasoline shortages expected soon
9. NG shortages expected soon
10. Your average person is becoming aware of what is happening via the media, the gas pumps, and the heating oil guy.
11. High OPEC compliance in the face of record prices.

I think we will get a "sucker pullback" soon, followed quickly by another sharp rise in stock prices. I am staying near full margin, and will be buying on any pullbacks.