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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Sharck who wrote (889)	9/10/2000 9:04:53 PM
From: Sharck	Respond to of 37746

finance.yahoo.com Kind of got voice rec mixed in there too....

To: Sharck who wrote (889)	9/10/2000 9:18:50 PM
From: figanin	Read Replies (2) \| Respond to of 37746

OPEC increased 800,000 bpd. 500,000 was expected. 700,000 was pretty much pre-announced since the Saudis' were known to be pushing for at least that. So 800K is a bit better. Still not enough to combat low US and European reserves. Some oil guys talking a need for 1.0+ bpd to take the chill off the END of this winter. Cold winter and the oil story will heard daily for the next 6 months. Pressure on Clinton to free up strategic reserves. Alt Fuels - still a very speculative sector anyhow - not many with any significant revenues....so yes would expect PLUG etc to drop on the increased bpd. Go long again in the chilly days of winter when OIL is all we hear about. Oils - could be an early-in-the-week short but this is no turnaround. Might buy a little FSESX on a good dip and just hold it....easy way to play the driller/services side of the sector without having to do all that goll-darn DD. finance.yahoo.com figanin