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To: drsvelte who wrote (4929)11/1/1998 8:44:00 PM
From: Lucretius  Respond to of 14427
 
even the bashing is done by morons. I don't mind intelligent bashing (G)



To: drsvelte who wrote (4929)11/1/1998 10:01:00 PM
From: Thean  Respond to of 14427
 
New driller thread - I like the idea but we will have to make it a club with a clear objective to restrict membership to avoid the bashing crap. Otherwise, anyone on SI will be able to post and shit anything they want. So far on this thread we have not too much problem but the scope is too wide to be a driller dedicated thread. A way is to start the posting with "Driller - " like the way we use OT.

The Saudi's message to others to do another round of supply cut is boosting confidence in oil price. I think OSX is currently strong and is heading up some more. Long side is safer than the short side in forseeable future with the mo-mo clearly on the long side. Lowering dayrate and dropping rig count? These poor fundies will have to wait while the market moves OSX up in a fresh round of consolidation speculation, probably to test its next resistence (don't remember the number but I think about a 20% move from here) before heading south again.

Doc - I like KR. Also, remember OPMRF? If KR's business is good, OPMRF will benefit. Hope they have worked out the U-Scan support issue with KR as KR was (don't know if it is now) by far their biggest supporter. Will do some digging on this.