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To: BigBull who wrote (67544)	6/2/2000 10:07:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

Doe Charts: Crude and aggregate stocks: It's pretty clear. Crude stocks have peaked for THE YEAR: eia.doe.gov Gasoline: Same old same old, EXCEPT, the mid west will be an even bigger disaster than I thought. Chicago is paying $2 already. eia.doe.gov Distillates: What can I say? Pathetic stock build - very late. If you are smart, and live in the North East. start loading up on HO NOW!!!. eia.doe.gov Too little too late. Show me the oil. Show me the products. Product talks, BS walks. Bull

To: BigBull who wrote (67544)	6/3/2000 9:36:00 AM
From: SargeK	Read Replies (2) \| Respond to of 95453

FGH S&P Ratings Posted on Yahoo: "FGH Ratings by: SargeK 6/3/00 9:24 am Msg: 7985 of 7985 "NEW YORK (Dow Jones)--Standard & Poor's said Thursday it affirmed its single-B-plus corporate credit rating and single-B-minus subordinated debt rating on Friede Goldman Halter Inc. (FGH, news, msgs). The outlook remains negative, S&P said. The ratings affirmation follows FGH's announcement that it has signed a definitive agreement to sell its vessel repair unit to Bollinger Shipyards Inc. for $80 million, S&P said. Proceeds from the all-cash transaction, which is expected to be completed in July 2000, will initially be used to reduce debt, according to S&P. As a result, the transaction is expected to improve FGH's capital structure and liquidity, although the liquidity benefits of the transaction may be somewhat offset by a reduction in FGH's operating cash flow and committed bank credit lines, the ratings agency said. quicken.webcrawler.com j/20000601/BT20000601005159.htm&symbol=FGH Comment: I suspect release of the above report and the general drop in the sector yesterday was what blew the bloom off the rally. FWIW I'll continue to trade as long as I find it profitable and will gradually accumulate approximately half more former (over-weighted) position. To post facts that others may find bearish DOES NOT make one a bear; the flip side is also true. Good luck, SargeK Posted as a reply to: Msg 7983 by ramcc54" post.messages.yahoo.com