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To: BWAC who wrote (34666)11/15/2001 10:20:53 AM
From: Larry S.  Read Replies (2) | Respond to of 53068
 
according to the chart: siliconinvestor.com OIH could easily test mid 40's. jmho. larry



To: BWAC who wrote (34666)11/15/2001 10:24:44 AM
From: E.J. Neitz Jr  Read Replies (1) | Respond to of 53068
 
Careful on buying the oils. It is difficult to know the minds of OPEC. If, like in late 1998, they decide to "hurt" the non-opec producers we could see oil prices drop beyond reason. "Beyond reason" seems to be normalcy in that part of the world. When buying leg in with small positions keeping an eye on the trend. If oil goes low enough we could have a very very profitable longer term hold and stellar gains...go in too soon and we get sleepless nights. Good luck. My oil picks will be Apache and mostly Occidental ( OXY-NY)...OXY yield is great and stable and could get good price action. My hope price on OXY entry is anound $15.....but may never see it. Ed