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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (1061)	1/19/2006 10:48:36 PM
From: Broken_Clock	Respond to of 50177

SOTB As I recall you came onboard SDT shortly after the collapse in late 97. But surely you remember the driller hype...the day rates each going out higher than the other? Till the E & P's just canceled overnight and rates collapsed.

To: SliderOnTheBlack who wrote (1061)	1/20/2006 12:14:59 PM
From: Dave54	Read Replies (1) \| Respond to of 50177

Slider, This probably explains the back up of tankers of the Texas coast. >>USCG Hopes To De-Block Sabine Waterway Sometime Sat 11:54 EST Friday, Jan 20, 2006 HOUSTON -(Dow Jones)- The U.S. Coast Guard hopes to open up the Sabine- Neches waterway near Port Arthur, Texas, to ship traffic sometime Saturday, a spokesman said Friday. As of Friday morning, the Coast Guard had removed more than 61 of the 94 concrete pilings that a cargo barge dropped in the ship channel Tuesday. "We hope to open up the ship channel sometime tomorrow if things go well," said Coast Guard spokesman Adam Wine. 18 ships were affected by the interruption, including seven oil tankers destined to the area's refineries, the Coast Guard said. -By Angel Gonzalez, Dow Jones Newswires; 713-547-9207; angel.gonzalez@ dowjones.com (END) Dow Jones Newswires 01-20-06 1153ET Copyright (c) 2006 Dow Jones & Company, Inc.<<

To: SliderOnTheBlack who wrote (1061)	1/20/2006 3:44:44 PM
From: GREENLAW4-7	Respond to of 50177

Great Post!!

To: SliderOnTheBlack who wrote (1061)	1/21/2006 10:31:36 PM
From: Carpe per Diem	Respond to of 50177

SOTB, Crude futures are contango as far as the eye can see. Kuwait just slashed their proven reserves and North Sea oil is past peak. Maybe Simmons isn't a nutbar. Nonetheless I appreciate your views, Regards,

To: SliderOnTheBlack who wrote (1061)	1/22/2006 7:06:30 AM
From: Clappy	Read Replies (1) \| Respond to of 50177

That was good food for thought. However, I was reading about how it will be rather expensive to extract crude form the oil sands. And the chess game in the Mid East may be more complex than we figure. Here's a good article that helps explain the moves. (Especially with Iran.) Message 22073182 (It's a worth while read. Not just a lot of hot air and rhetoric.) Mind you that I do realize most of these stories make the most sense while oil continues upward. All part of the hype you speak of. But it makes you wonder how long this energy bull can run. ...and the gold bull. All the stories of wonderment sound so plausible during the bull run. Especially towards to end of the run. Just like George Gilder seemed like a genius before the tech top of 2K. But trying to figure where the bull tires is a difficult task and often rather costly. Still no technical damage on the charts. NatGas: Long term: stockcharts.com[g,a]daclyyay[d20010122,20060122][pb200][vc60][iub14!la12,26,9][j67536523,y]&listNum=1 61.8% Fib correction: stockcharts.com[g,a]waclyyay[de][pb50!b200!f][vc60][iub14!la12,26,9][J67536954,Y]&listNum=1 Until these charts breakdown, it might be best to watch the bull run. After it breaks there will plenty of opportunity to ride it down. In the meantime, Palladium certainly appears to be either a young bull or still has plenty of room left in a corrective move up. I'm certainly on the same page as you there. stockcharts.com[g,a]daclyyay[d19990122,20060122][pb50!b200!f][vc60][iub14!la12,26,9][J67537154,Y]&listNum=1 Lots more upside potential there than trying to ride the oil/gold bull's tail. Your Risk/Reward stuff is right on in my opinion. -Clapper