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

To: Roebear who wrote (12019)	5/9/2002 12:30:19 PM
From: TheBusDriver	Read Replies (2) \| Respond to of 36161

<< consider it very bullish for PM's that the POG did not retrace to 305>> 1 year lease rate is starting to rise as well.....just another clue... Wayne

To: Roebear who wrote (12019)	5/9/2002 12:55:27 PM
From: Louis V. Lambrecht	Respond to of 36161

Roe - agree with ya. Very bulish that the metal does not retraces to 305. Given that this Friday's option still show (from Monday) a peak o/i at the 300 strike on both put and calls and that the strike of the maximum worthless options is at 295. Yeesh! when specialists agree on higher prices tha markets ....