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To: MythMan who wrote (184974)7/31/2002 11:01:03 AM
From: marginmike  Respond to of 436258
 
early last year I did great buying XLE's and XOI calls. Actually soldem nearthe high. I was very surprised at the collapse in the prices considering oil price resiliency. The question is are these stocks pricing in a massive recession cause nothing else explains the levels they are at in light of Oil prices.



To: MythMan who wrote (184974)7/31/2002 11:02:41 AM
From: marginmike  Respond to of 436258
 
also own RD, prefer it over XOM cause its a euro-oil vs US-oil. If we go to war in ME Arabs may prefer doing biz with Euro's in my opinion.


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