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


To: Roebear who wrote (12830)5/21/2002 1:20:33 PM
From: waverider  Read Replies (1) | Respond to of 36161
 
Yes, with NEM holding the break out finally, it seems the big guy is ready to roll. Those 2004 Leaps I bought some time ago are looking pretty nice about now. Still recommend these. I have 2004 $30's. When the volatility starts to get factored into this stock, the premium will rocket.

wr



To: Roebear who wrote (12830)5/21/2002 1:47:58 PM
From: Little Joe  Read Replies (1) | Respond to of 36161
 
Re: yellow to black gold.

I think natural gas is probably a better play than oil. Few people realize how much oil there is in the former USSR and the fact that good progress is being made in getting to this oil.

On the other hand, natural gas is more of a local commodity and the large number of gas fired electricity plants virtually guarantees the price will go up.

My favorite is UPL. Anyone like some others?

Little joe



To: Roebear who wrote (12830)5/21/2002 2:08:56 PM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 36161
 
Roe re: ["Any thoughts on any other PM positions for the next leg?"]

More buyouts & mergers imho....

I think KGC & GG get taken out...maybe MDG, GLG too.

...we're getting the institutional rotation here.

...then comes the mo-mo traders

...then comes the parabolic speculative run

...then James Cramer announces he's buying Gold Stocks and we all SELL ~