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To: Thean who wrote (347)	5/20/1998 6:55:00 PM
From: Timelord	Read Replies (1) \| Respond to of 14427

Thean: I'm actually familiar with SEV's discovery since I followed and traded HEC awhile back, and kept abreast of SEV's activity next door. Yes, they have an exciting discovery, and I was going to mention in my post that many of the oils offer volume/price signals before announcements if you're quick enough to catch them, but I had to get back to work! That would have been a timely post. You trade the ups and downs because you know SEV, and thats your protection. I've seen too many cases of "black gold fever" on these threads, however, where folks buy the news and get stuck with expensive shares when the excitement cools down, and that was my warning - looks like David doesn't need any help, though <GGG>. Oil appears not to have a bottom and its going to take time for OPEC to do anything, very bad news for the drillers. I had the March windows set as my buy-in points but it looks like they may blow right through them. Incredible buying opportunity when the dust settles. Someone at OPEC needs to start talking real fast... Alex