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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Jamey who wrote (31597)	11/8/1998 5:01:00 PM
From: articwarrior	Respond to of 95453

Truth is I am at a 5. I have both puts and calls on the service sector. Right now hedged about evenly. I enjoy Sliders company analysis and picked up some bauble calls at unreal prices. I am strong on HLX weak on FGII and weak on UTI and KEG. Expect a correction short term in a big way. I am a fundamentalist by nature and oil fundamentals as well as world fundamentals cry out for a correction at the very least. I also feel the Internet sector will correct and I am taking strong positions in this area. If people want to believe that the oil commodity and production equipment for this commodity isn't linked they are about to get the surprise of their life. The charts R pin created were back forecasted and the correlation coefficient does not match with the numbers I have ran up till 1997 then my numbers and his match. Since early 1996 oil and oil service sector do have an effect on each other. This will become really apparent very soon. Japan and Russia are just about to go into the toilet if their banks don't do anything soon; so I hold a position in gold. Unlike Slider I listen to the ramblings of LT and extract those jewels of wisdom he cares to share. Contrairian viewpoints have saved me an awful lot of cash through presenting a balanced perception of world events and occurrences. My investment professor used to work for OPEC; I learn new things each day and hope you will to. I believe that no viewpoint is worthless as long as it does not demean your fellow man or woman. Good Trading Santiago