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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (34479)	1/30/1998 10:28:00 AM
From: Jack Straw	Respond to of 58727

The Iraq situation was upscaled with France finally agreeing to terms with the US. This opens the door leaving Russia out on its own. It looks like there will be some form of attack. The question is how big and to what scale will Iraq be able to fight back. If it plays out that Iraq goes after oil fields again then the OSX and the whole sector will be catapulted to higher highs. I am playing the OSX as well as calls in SLB. If any military strike on Iraq will at least give some strength to the oil market. It looks like the military action is in place the question the size and length of this one. I feel if military action is started the US is in it for the long haul this time. So i am long the oils. Brian