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To: JHR who wrote (7987)	3/30/1999 10:57:00 AM
From: Thean	Respond to of 14427

JHR, I remember SEBL very well and Sand Wedge couldn't say more than he should <GG>. But he did say "buy". This is one that got slipped away. I will pm him to see what his assessment is now. Will report back to you pm if he replies. Oil is hanging around $16 1/2. This is a resistence that goes back to last year so unless there is some further positive numbers out for oil like tonight's API number (but a lot of good news have been factored in at this point), I will bet oil get bounced off $16 1/2 tomorrow. A lot of the drillers are close to some of their resistence levels so I'm considering a few Apr puts here for them.