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To: Lucretius who wrote (3248)9/23/1998 1:18:00 PM
From: SJS  Read Replies (1) | Respond to of 14427
 
LT,

I have not added any more new LT driller positions, but only trade this spike up and down. I have original LT oil positions that are down, but won't sell these as it giving them away. I've lighten my driller positions considerably before this plummet, and feel confortable having some deep underwater stuff for LT, which will eventually grow back...

Your advise, however is sound.



To: Lucretius who wrote (3248)9/23/1998 9:10:00 PM
From: NucTrader  Respond to of 14427
 
Don't know whether this will be helpful, but last Sunday in the San Antonio newspaper was an article about the boys from West Texas. There was a consensus among them that West Texas Intermediate wouldn't be in excess of $15.50 for the duration of 1999.


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