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


To: ItsAllCyclical who wrote (71120)8/17/2000 3:15:33 PM
From: stevedhu  Read Replies (1) | Respond to of 95453
 
JimL, Keg has traded more that a few Sept 10 call contracts today with 2 rather large blocks of 1000 and another of 1400, then was also a small block of 230. Maybe someone knows something. The trades were at the ask.
Take Care
Steve



To: ItsAllCyclical who wrote (71120)8/17/2000 3:19:12 PM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
The OPEC news of no new supplies before the Caracas meeting on Sep 10 means this rally should continue for quite some time. We are going to have a products squeeze soon. If anyone needs HO for winter and doesn't already have it better buy it now because prices are only going higher.

I see this becoming a political issue for the elections. Sooner or later our two would be presidents are going to realize that it is an easy issue. Tax incentives for producers to explore/produce in North America and the GOM should be forthcoming.