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

To: DataBits who wrote (88615)	3/13/2001 4:35:18 PM
From: Elmer Flugum	Read Replies (1) \| Respond to of 95453

Supply and output news? *Analysts polled by Bridge News expect that Tuesday afternoon's American Petroleum Institute report will reveal a 2.5 million- to 3 million-barrel rise in crude-oil inventories, as of the week ended March 9.

To: DataBits who wrote (88615)	3/13/2001 5:59:02 PM
From: Roebear	Read Replies (1) \| Respond to of 95453

Mr Data, While I won't recommend margin for it, I'm suspecting based on the tape today that at least a bear market rally is in the offing and it could be significant. While not calling a bottom myself, I will at this point admit the possibility. How strong a possibility will depend on charts later tonight and market action the next few days which is critical. Decent chance that a third fed cut and a tax cut could do the trick anyway. Reasonable oil prices (and by inference NG) staying within the OPEC basket will be good for everybody, including the OSX and XNG (like to see 462 hold) as the shoulder season wanes. Judging by the telemarketer call volume I have been receiving, a lot of cheap money is being made available via the good ole plastic (ggg). Almost talked one into paying me (my life ambition, LOL) to take one, but I guess they were confused by my offer. Best Regards, Roebear