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

To: VLAD who wrote (32874)	12/16/1998 7:34:00 AM
From: dealmakr	Read Replies (1) \| Respond to of 95453

VLAD Crude up .37 mrci.com Looks like a bit of futures buying on the uncertainy of present tensions. dailynews.yahoo.com Good Trading Dave

To: VLAD who wrote (32874)	12/16/1998 7:52:00 AM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

LAST CALL for the OSX Train...now boarding - beat the B-52's ! ...the Train is leaving prior to the imminent Air Strike on Iraq. With the UNSCOM Inspectors having pulled out of Iraq; we (Clinton) now have absolutely no other choice than to launch air strikes. We have ''boxed'' ourselves into this; not that the air strikes are not appropriate. My point is that, we should have all ready intervened militarially. Clinton quite predictably and ''in character;'' has held this option as a last ditch political tool (which is worth 3-5 votes perhaps) as his final option to stop/win the impeachment vote. The ''pentultimate'' political animal of our lifetime, has pulled another rabbit out of his hat in the final seconds... sadly, this strategy will work imho. Anyway; OSX-wise - this presents an opportunity here; Saudi, Venezeula & Mexico meet and OPEC is staged to announced new production cuts, the US is going to buy more crude for strategic reserves, Brent up + .56 c today, a cold wave is finally blanketing the upper US and now air strikes on Iraq look imminent... too many fundamentals factors for Crude and this sector to not have found a bottom both ''emotionally'' and logically-mathematically imho. Yesterday, in my opinion - may well go down as the ultimate ''bottom'' for the Oilpatch. Hope some of you made some opportunistic buys. I made a decent entry into CXIPY again. This is a gift from the Oilpatch Gods; a company with near $4 EPS ability in one of the worst years/enviroments in the oil business in decades and is still poised to grow earnings 25% yearly over the next 5 years. This is a premiere 3 year +/- play and a company that will ultimately be a $6-$8 EPS company with a PE multiple of 15-20 when this sector rebounds to its peak. I repeat - $30 is a gift. May be the last chance to bottom feed here; CXIPY PGO SCSWF CDIS VTS VRC GLBL look exceptionally good, like RIG RON WFT FGI and FLC SDC as well; good luck all... even if a ''suckers rally'' via just short covering.... - ''trade it'' - take what this market gives you; personally; as a worst case scenario - I'll use tight stops and trade this move (which is inevitable) hoping at the least, to pick up some ''free'' shares in CXIPY SCSWF & PGO at these levels. We should probably ''pop'' at the open today - so buying into this strength is against my personal philosophy of ''beating the crowd to the party'' - which I hopefully did yesterday and here of late... but, some stocks like FGI FLC and the aformentioned CXIPY PGO SCSWF are still way oversold and many are at 52 weeks lows, some at new lows... God Bless our Troops who will be doing the right thing, irregardless of the timing of our ''leadership'' and will perhaps be spending their Christmas eliminating one of historys most potentially dangerous madmen in an era of inevitable chemical & biological terrorism. Unfortunately, Clinton has allowed our mission of righteousness to be tainted by his self-fullfilling political timing...