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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: bw who wrote (209)5/9/1998 1:10:00 PM
From: Thean  Read Replies (3) | Respond to of 14427
 
bw, with the new influx of people from SD, I'm not sure if this is a SD or LTD thread anymore? The number of posts are about equal I'd say. I guess people just love to pick an argument with LT wherever he goes and believe me LT loves to entertain those replies. Anyway, I'm 100% with you on minding other's investment decision. We have been through TA vs non-TA, LT vs ST, timing vs buy-and-hold. Well, I have to submit the reality is the market embrances all types of investors and the best I can do is to get educated to the current sentiment as best as I could so I can make the best decision to push the next button.

Anyone cares to hear some latest tidbit from OPMRF let me know.



To: bw who wrote (209)5/9/1998 2:12:00 PM
From: Thean  Respond to of 14427
 
bw, With the possible BHI's announcement of acquiring Western Atlas comes Monday, the drillers may get a pop in particular those with good prospects for being acquired. I have MDCO and ATW on my radar screen. Already held MDCO into the weekend and wait for that pop.



To: bw who wrote (209)5/9/1998 5:38:00 PM
From: NucTrader  Respond to of 14427
 
>>booming summer consumption of oil/gas products? <<

I was talking today with my 1st cousin who trades oil and gas futures and mentioning the drillers and a couple I liked. If I understood him correctly he was telling me that gas futures hadn't been that strong, and this was putting downward pressure on oil prices - i.e. if gas futures were weak in front of the biggest seasonal consumption of same it MUST be because there was such a hugh glut of oil that gas was going to remain cheap, etc. etc. Can anyone who trades gas futures confirm or deny this? Because, if he's right, the sector could get more downward pressure here soon.