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

To: Big Dog who wrote (32285)	11/30/1998 10:02:00 PM
From: Aggie	Read Replies (1) \| Respond to of 95453

BD Hello, I too have been thinking about jumping off this cliff. Dec 1999 call options.... Why not take options past 2000 when oil prices will truly begin to recover - according to all the projections. Are you thinking that panic in the streets will inflate oil prior to Jan 1st? For all you investment types out there - if you have time, could explain the difference between "call oil options" and "oil futures" - I would like to know more on both. The longer and deeper this trend continues, the more likely it becomes that oil will reverse the trend on catastrophe, not on fundamentally good news. In other words, look for news on a dramatic curtailment of supply - for whatever reason - not increasing demand due to growth. Regards to all, Aggie