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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (41922)1/2/1999 11:54:00 PM
From: Merritt  Respond to of 132070
 
CB:

Yes I've been treating them as short-term trading vehicles, but started buying this past week with a longer time frame in mind. SFR, BR and APC. The first time, things looked weak after the initial move...but this time it's different.<G> Actually, it should be different this time, as their appears there may be insufficient infrastructure to supply end distributors if there's a major cold snap. That, plus the recent reductions in drilling and some well shut-ins. The first buying was predicated on hurricanes shutting in rigs in the GOM, usually a short-term event...it looks as though this cold will linger a while, though. All my opinion only, and always do your own digging...it makes what you find just that much more valuable.