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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: t4texas who wrote (21193)	4/1/2003 5:13:34 PM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 206131

Tex, noone here will admit it, but OSX looks to me like it wants to head to 70 before 90. Based on slowing volume and deteriorating internals. These MEGA-BULLS are never wrong, but fundamentally this sector is not acting as it has in the past. Probably because we are not in a new drilling cycle just a POP due to shortage of NG. This is also correcting itself if you look at the contract going out some time, they are coming down. I am not short and not long currently just trying to get other perspective on why drilling is not ramping like it has in the past. The pick up is merely in land rigs that are quick to out in use and quicker to shut down once shortage is over. I look to GOM and NS for my guidance and we are still very much in the dulldrums.