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To: diana g who wrote (43400)4/28/1999 8:52:00 AM
From: DavidG  Read Replies (1) | Respond to of 95453
 
Diana,

Even Bloomberg, which usually finds some way to put a negative spin on oil, is beginning to sound a little positive. I think we will have a real good rally from here. Time to buy as much as possible today.<g>

I especially like SLB and may even go for some HAL, RIG and CAM call options this morning.

DavidG



To: diana g who wrote (43400)4/28/1999 10:28:00 AM
From: BigBull  Read Replies (2) | Respond to of 95453
 
Yes Diana, what really amazes me is that these analyst/trader types never talk about the immense amount of US/Canadian production shut ins. It seems that in their OPEC myopia they completely forget this tremendous fact. It's always the OPEC cuts are showing up. How about the WORLDWIDE production cuts are showing up, but that would be TOO bullish for them too bear,I guess.

The API stats confirm what I suspected - the demand for gasoline is ALREADY --------***********INTENSE********-------------