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To: Think4Yourself who wrote (66549)5/18/2000 4:44:00 PM
From: ItsAllCyclical  Respond to of 95453
 
>> Everyone who does any research KNOWS with 100% certainty that these guys are going to have phenomenal earnings. <<

You're right. Everyone knows.

For that reason E&P's seem to run inbetween earnings season and flat-line/consolidate come earnings. We've seen that pattern several times now. Since we've had some great gains the past couple weeks and the OPEC meeting is getting closer I'm thinking we may have seen the bulk of the gains (in the leaders) at least until after this next earnings period is over (say Mid Aug).

Baring a huge influx of NEW investors come summer from spiking gas prices I don't see us going too much higher short term.

That's why short term the XNG and OSX moves are more a question of greed and fear vs fundamentals (ie: technicals). The XNG and OSX are near former peaks (200 and 140). I'm not going to 30-50% cash anytime soon, but I will respect my margin usage.



To: Think4Yourself who wrote (66549)5/18/2000 4:47:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
The Oily Dog Fund took a breather today. It was Down 0.12% at +46.61% from March 7.

PKD - up 25.05% from May 11 mark
FLC - up 3.19% from May 11 mark
(Slider, you're gaining on me... Want to toss in a gold stock to compete with PKD?)

Strange day today...

big



To: Think4Yourself who wrote (66549)5/18/2000 5:15:00 PM
From: Roebear  Read Replies (2) | Respond to of 95453
 
JQP,
Quite a few bearish posts around, just a few examples:

Message 13735093

Message 13735114

Two things seem apparent. One is the general market weakness threatens the OSX rally, as I thought it might.

The other is that George Cole indicator, when the stocks are going up even though the commodity is going down some called it George Cole Heaven. This could be George Cole Hell with the stocks going down while the commodity goes up.
Maybe, I don't know till I look at the charts late tonight, but then again haven't we seen this before?

Heck, I might go 50% cash and the rest gold stock and an OSX laggard or two, depending on how things look. I don't mean to be alarmist, but I am being ultra cautious at this point.
My bear side is coming out of the closet, ggg.

Best Regards,

Roebear



To: Think4Yourself who wrote (66549)5/18/2000 5:46:00 PM
From: WWS  Respond to of 95453
 
Canadian oil and gas shares skyrocket:
dailynews.yahoo.com