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


To: TheBusDriver who wrote (21807)11/13/2002 1:12:53 PM
From: Louis V. Lambrecht  Respond to of 36161
 
Take it as a gift. I am using this period of installation of the weapons inspectors to zero-in on crude calls one year out, hedging my US$ port and might even add to my silver calls.

This frenzy will not hold for long and I expect problem before the "warm day's" in the ME. Or after the Summer.
Dec 2003 options are expiring in Nov, plenny 'o time to cover both deadlines.
And if I am wrong, I only lose the premiums paid.
Better odds than loading on PM shares or oil services.

I only would change of opinion in the case a military coup would oust Saddam in these next weeks.



To: TheBusDriver who wrote (21807)11/13/2002 1:51:10 PM
From: Crimson Ghost  Respond to of 36161
 
Indeed today is not the day to start buying big time. But we may see it sooner than many expect.