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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Bert who wrote (2967)	10/17/2001 9:28:41 PM
From: Roebear	Read Replies (1) \| Respond to of 36161

bert sagara, Just started following these recently, so I'm no expert on them, TA or otherwise. So what follows is MHO. Looks like some downside to them short term. Seems like they have been following energy recently, but interest maybe flagging, or they may dip with the markets, in short, a quick look at the charts has me wondering "if they will go" short term. LT I'm with ya. Of course, like gold and oil, current events could always send them higher quickly. But if they dip it is my intention to set some LT positions. If not, I will set smaller LT positions, ggg. Question, is there a seasonal element to these stocks and do you have any price frames for entry? Best Regards, Roebear

To: Bert who wrote (2967)	10/17/2001 9:53:07 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 36161

Hi bert, Your IMHO is also my HO. Just from a self preservation standpoint it makes sense for big O&G to be onside with fuel cells. Hydrocarbons are still the best source of fuel (H), they'll just be a whole lot more efficient. Until we can easily get H from another source how can it be different ? The O&G industry stays cyclical, the prices go up so the O&G companies stay happy getting more for less, we are happy because although we pay more per unit we get more per unit and the wheel of life goes round :o) regards Kastel a cute and cuddly Canadian