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To: SliderOnTheBlack who wrote (31449)	11/4/1998 9:00:00 AM
From: SliderOnTheBlack	Respond to of 95453

re: Japan's ''early'' signs of a recovery... biz.yahoo.com ...again; I think one has to be ''early'' on reacting to the development of future events that will impact the Oilpatch. No one denies that Japan's recovery will lead Asian demand increases which will move Crude Prices higher... Articles like this are imho; the first signs that the move is beginning. When ''everyone'' acknowledges that Japan ''has'' turned the corner - it will be too late; their demand increase - will allready be priced into these stocks. ...gotta beat the crowd to the party. - Buy the Dips !

To: SliderOnTheBlack who wrote (31449)	11/4/1998 9:01:00 AM
From: marc chatman	Read Replies (1) \| Respond to of 95453

<<If the Street does NOT react, very negatively today - guess what that says about the API numbers and/or ''Conspiracy Theories'' ...>> I think it says something like "liquidity rules the market," or "this endless tide of cash will keep all stocks afloat."

To: SliderOnTheBlack who wrote (31449)	11/4/1998 3:09:00 PM
From: dfloydr	Read Replies (1) \| Respond to of 95453

A thought about the rising oil stocks. Don't forget ... all that oil inventory will make a nice profit for its owners when prices do move up ... say $3.00 over the next six months or year ... a lot more money than they would earn putting that money in the bank. I am pretty sure that oil is marginable or securable, so $10mm of cash put into oil inventory investment probably controls $20mm or more oil. $10 mm of cash in the bank gets you perhaps 4.5% on $10mm period. In six months that is 2.25%. I think the average oil man could figure that bet out pretty well. Look for some nice inventory gains over the next year. Why let the well owners make the inventory profit when you can do it yourself? So the inventory build up may just be the same bet that is moving the stocks up ... but a bet being made by players who can not or do not want to own stocks and maybe have a need for the oil.