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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Bald Eagle who wrote (89790)	5/15/2000 4:50:00 PM
From: Jane4IceCream	Read Replies (1) \| Respond to of 90042

Oil/NG sector getting more and more media exposure....now on tv too. Analysts have been raising eps estimates up across the board because of the world oil and gas economies and the rise of the price of oil and gas and the forseeable shortages that MAY occur provided geographical weather phenomenoms like we already have with warm temperatures and power outages in the east. Consider the rising dayrates and the increase of usage of rigs makes a nice EXTENDED up cycle for this sector through the rest of the year in my opinion. Just wait for the following quarters of financials for many of the oil drillers, service companies, and those companies that have oil and NG reserves and this sector is in the midst of a nice run here and that is where the majority % of my long portfolio is and has been parked for at least two months now. Its a no brainer..... And a nice contra position to the volatility of techs and Nets. I can sleep better at night and still do daytrading. Jane:-)