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

To: CommanderCricket who wrote (65398)	4/27/2000 7:29:00 PM
From: Roebear	Read Replies (1) \| Respond to of 95453

CommanderCricket, I'm not taking any kudos on KEG unless it backfills a bit and lets me back on the merry-go-round. My vote on the APC/APA goes to APA. I continue to be impressed, after watching so many mergers in the patch get the evil eye, with how much the market appears to be liking the UPR/APA deal. The merger does indeed look like a great match. I'm beginning to count how much I left on the table with UPR, which is not a good thing for me to do! Best Regards, Roebear

To: CommanderCricket who wrote (65398)	4/29/2000 8:19:00 AM
From: Roebear	Read Replies (1) \| Respond to of 95453

CommanderCricket, I got back in KEG at 9 3/8, was hoping it would retrace to 9 1/4 but I'm not complaining about it. Like I said, I had some non oil patch plays to make. I made them, the major one was buying the heck out of SWC in the low 26 range and selling in the 28's, betting on a recovery overnight in palladium and platinum. Gave me a fully margined and relatively low risk 9.8% boost to the old portfolio, I immediately plowed back $$ into KEG, SFS etc. even a bit into Seldom Seen TESOF. I'm keeping a block of that Stillwater Mining and also picked up a block of AEM (a gold stock) that I have had a limit order in at 5 3/8 for a long time. I will be averaging down with my metal stocks into XAU 48 if necessary, I consider them extremely low risk/high reward (for a nimble trader) at these levels. (EDIT: Spot gold looked like it would hit (and did) 272 spot, which was one of my buy triggers. Next ones are 268, 262 then 250's, I have no idea if those will be hit) Currently, besides PMetal stocks as KRY, AEM and SWC, I am now back to fully invested in oils but would like more of both sectors. Consequently, to facilitate both my oil and metal investing aims, I am moving some of my conservative funds into my brokerage account to double its capacity, a move I have been debating all of this year. If folks can't see inflation coming, they need glasses more than I do and my eyesight is twice as good as 20/20. (Well, used to be, before my vocation and avocation consisted of staring at monitor screens all the live long day!) A billion Chinese on motorscooters won't be wrong, VBG. Best Regards, Roebear