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To: GREENLAW4-7 who wrote (72773)	9/9/2000 12:32:51 PM
From: BigBull	Respond to of 95453

Fair enough Greenlaw, now lets be specific OK? Your rather Delphic "SHOCKER" statement leaves much to be desired. What will the following API numbers be for: 1.) Crude stocks. 2.) Gasoline stocks. 3.) Distillate stocks. Is it your opinion that gasoline and distillate stocks are irrelevant?

To: GREENLAW4-7 who wrote (72773)	9/9/2000 12:34:07 PM
From: ItsAllCyclical	Respond to of 95453

>> Jim L. Nice to have another BEAR around! << Nice distortion of the facts, but I guess you're used to that. Me, bear? Hell no. I bought 10 puts which is less than 1/2 of 1% of my portfolio. I'm cautious short term mostly because of potential spin, but I believe the bull is still very much intact. I see the possibility for more oil showing up in the API/DOE's, but I do not believe in any mysterious massive oil-on-water theory. If anything with each passing day I grow more and more worried about another '73 happening. Oil stocks will do well initially (6-12 months), but eventually I think everything could be hurt. Of course 6-12 months is an eternity in the investing world. I actually bought more NSS near the close so I'm back under 20% cash. I will probably start to buy ahead of API #'s. We'll see. I'd like to see oil prices come down another $1 or 2 and then I'll start to buy again. If OSX 125 or less is seen I'll be using quite a bit of margin. I'd hardly call myself a bear. Cautious bull (Slider and others have taught me the importance of disciplined margin usage.)