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To: ~digs who wrote (22264)1/19/2005 5:00:43 PM
From: Bucky Katt  Read Replies (2) | Respond to of 48461
 
Thanks.. I looked at the ta on EBAY, but that wasn't a factor in my going short. It was a gut feeling that the stock price was ahead of itself.
That old more art than science thing. I got lucky.

As for RRC, I have been in them for maybe 14 years, back when they were called Lomak Petroleum and maybe even another name I don't remember. My wife tells me we actually have some actual stock certificates from way back. An added bonus!

When to get out of RRC? I really don't know.



To: ~digs who wrote (22264)2/9/2005 11:44:32 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
RRC has another new high... Looks to me like the OPEC people are gonna keep the screws on us with these high oil prices.
Oh, how I remember that old slogan, nuke their ass & take the gas...

Also of interest, we have talked about Citgo before, and that it is owned by Venezuela, which few seem to know.
Anyway, word is Prez Chavez wants to unload it & other US holdings. He doesn't get along well with 43, btw...
_____________________

Just in case no one thinks this is important to US in many many ways...
Good Golly Miss Molly, another war front close to home in the offing?>

CARACAS, Venezuela (Reuters) -- Venezuela defended on Tuesday its purchase of new Russian weapons after a top U.S. official said Washington was concerned the arms could fall into the hands of illegal groups operating in the region.

Venezuela's Vice President Jose Vicente Rangel rejected U.S. criticism of the deal to buy Russian military helicopters and 100,000 rifles, which he said were part of a policy to strengthen the nation's frontier defense.

Venezuela, the world's No. 5 oil exporter, is a top fuel supplier to the United States. But relations between Caracas and Washington have soured since left-wing President Hugo Chavez came to power six years ago.

"Venezuela is supplying its armed forces for the priority of national defense," Rangel said in a statement. "This policy is a concern only for the Venezuelan people and the nation's institutions. The destination of these weapons is guaranteed."

His statement was in response to comments by Roger Noriega, U.S. assistant secretary of state for the Western Hemisphere, who told CNN's Spanish-language service that Washington worried the arms may end up with groups such as Colombia's Marxist FARC rebels.

Close ties between Chavez and Cuban leader Fidel Castro have rattled Washington, which criticizes the president's populist policies. U.S. Secretary of State Condoleezza Rice recently called Chavez a negative force in the region.

Former army officer Chavez, in return, accuses the U.S. of backing attempts to topple him, including a 2002 coup, and presents himself as an alternative to U.S. regional influence.

A fierce critic of President George W. Bush, Chavez often rejects charges from Bogota and Washington that his government has allowed Marxist Colombian rebels to shelter in Venezuela.



To: ~digs who wrote (22264)2/10/2005 11:09:36 AM
From: Bucky Katt  Respond to of 48461
 
RRC, ho-hum, another high... ICI as well...



To: ~digs who wrote (22264)2/11/2005 12:46:27 PM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
RRC, another new high. As I said, OPEC is going to keep the screws on US.... Of course, we saw this coming a long time ago.



To: ~digs who wrote (22264)9/19/2005 11:30:09 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
RRC knocking on $37, and to think it was once a mere $5 oil/gas dog....

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