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To: SJS who wrote (13691)3/5/1998 11:04:00 AM
From: Broken_Clock  Respond to of 95453
 
Stevo-
Looks like we've been trading a bit with oil but now we're gaining strength today.SLB poised at 78. This could get very good ...
PK



To: SJS who wrote (13691)3/5/1998 11:05:00 AM
From: Thean  Read Replies (2) | Respond to of 95453
 
Heh, Heh, I stand corrected. This is a pig's game near term with multi-day gains. The more loose hands shaken out the better we are. OSX needs to remain above 108 whole day and preferably close higher than 110. Oil needs to stay above $15 till the OPEC meeting. March 16 is the OPEC meeting and March 18 is the GOM bidding. Look forward to this.

FLC used to trade 1-2 points premium to NE.
Now that there is really no bad fundamental news with FLC, I expect those premium to slowly creep back up.
LT - I know you repeatedly question why I would buy FLC over NE. Maybe I just want to irritate you <gg>. But seriously it is more to do with the relative stock price valuation.

Marc, my GLM line was a joke - totally meaningless, no ulterior motives.