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

To: jeffersonkeith who wrote (7000)	2/1/2002 4:02:28 PM
From: Cogito Ergo Sum	Respond to of 36161

Please feel free to make a few more negative comments on RAX LOL...... Nice day today. regards Kastel

To: jeffersonkeith who wrote (7000)	2/1/2002 10:36:08 PM
From: Frank Pembleton	Respond to of 36161

JK -- I dropped out of the sector due to systemic reasons. I see the patch as an end of cycle "winter" play, whenever the global economy stalls - so the price of energy. Whenever there is a global boom one of the major factors is cheap energy and whenever we dip into recession it's because the price of energy is through the roof. Hmmm... I'll catch RAX and its fugly books in the low teens -- it has a ways to fall yet before it settles. Identify the tide -- trade the wave -- DISREGARD THE RIPPLES! Regards Frank P.