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

To: Ed Ajootian who wrote (81266)	12/10/2000 10:39:48 PM
From: excardog	Respond to of 95453

Ed I opened a futures account in June of this year with the sole intent at the time of buying some December natural gas contracts. Was sidetracked by my account advisor and played in the crude market to begin with. Never fear my opening balance of 10k after falling to 5k ran quickly to 33k at one point. The week after Clinton's release of the SPR my 33k quickly turned into 3k. I quietly put my tail between my legs and left 7k in the hole. I was estimating today that had I followed my original plan only investing 50k in the December contracts which would have purchased 20 at the point of inception and of course never trading them my net profit could have reached 1 million or so. As Shakespeare once wrote " To sleep per chance to dream" Alas poor "excardog" I knew him well. Scott

To: Ed Ajootian who wrote (81266)	12/10/2000 10:41:34 PM
From: Tomas	Read Replies (2) \| Respond to of 95453

Do Energy Fundamentals Even Matter? - Raymond James Energy Group, Stat of the Week "Oil prices must continue to rise sufficiently to slow oil demand from a projected 2 million barrels a day in 2001 down to about 1 million barrels a day of increased demand in 2001." "In an energy price–driven recession, energy stocks are the exact place that investors should be." "We believe that energy stocks today are screaming buys. As Warren Buffet has shown time and time again, strong fundamentals always eventually win out over negative investor psychology." raymondjames.com