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


To: SliderOnTheBlack who wrote (27808)2/9/2003 11:05:34 AM
From: GREENLAW4-7  Respond to of 36161
 
Many thanks for that very thoughtful response!

I am in the camp that OSX is extremely overvalued here, based on fact drilling cycle never started last spring as many OSX long's were predicting.

Regarding NG, I think the pop will be short lived as it was in 2001. It really doesnt takre much to replenish the stocks and if we have a Cold summer it may help quicker.

I do expect to see Crude below 18 and maybe 15 towards summer to early fall. With the commodity fall I also see a nice rally.

I value your opinion, and surly miss the old days on the RIG board. Its kind of sad now there since many RIGGERS bought much higher, only to see RIG at $20.

Good luck!