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

To: Frank Pembleton who wrote (8600)	3/1/2002 10:07:28 AM
From: Alan Hume	Read Replies (1) \| Respond to of 36161

Hi Everybody, I'm a lurker and have been reading this thread for a few days and have found it quite informative. I know very little about the industry, but from all I read in the international press, it would lead me to believe that oils are right now attractive short candidates. On the assumption that drilling stock prices are analog to oil prices, then surely we must be expecting a down turn. Logic being that a) the winter has been warm, b) stocks are plentiful, and the big C)Russia the big cash hungry bear is getting it's industry in order and does not seem too interested in price fixing. OK, I have posed my question and am now ducking to avoid the abuse. But I am sure that there are some experts out there willing to point out the flaws in my layman's logic. Takers? AH