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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (8858)9/17/1998 5:06:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
It's all in the price of crude,price gets right and rigs get unstacked and day rates go up---in terms of West Texas Crude it is my
understanding that above 15 gets the ball rolling and if we were to get to 19 the stocks fly----my entry here is an admitted speculation
on 1)OPEC will keep to their commitment to get the overall price of crude to 17 in Dec2)that the weathermen are right,and La NiN^a will deliver a brutal winter---plus the prospect of another hurricane backing
up delivery---and,the possibility of unrest in Nigeria and Iran/Afghanistan---throw all these speculations in a pot and stir and
I come up with a "what the heck" go for it---but I personally do avoid
GW as I get too many people on the strictly drilling thread speaking badly of them--BTW--all I know is from laboring through that thread,and locating those who know the business far,far better than I.
One other thing---if the price of crude rises the oils can go counter to down market. Good Luck,Max



To: Ditchdigger who wrote (8858)9/17/1998 5:12:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
Also,I do know that Grey Wolf is very heavy regards Venezuela--I have to check regards PKD.Max