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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (13631)	4/30/1999 10:49:00 AM
From: BoNg-N-BoNg	Read Replies (1) \| Respond to of 43080

re: PTEN - they released earning this morning instead of the close marketwatch.newsalert.com looks like there's some weakness of the OSX stocks.. worth watching Sue: many factors affecting the oil the right now and the future... one of the factor is the war in Kosovo/Serbia..w/ this air campaign, there's atleast $1.00 add. at the current light crude price..if there's a ground war, expect a major shoot up above $25 near term as it happened during the gulf war... w/o the war and aslong the OPEC members stick w/ their cut, we might see a surge of oil past $20 temporarily due to "major" cut of budgets in oil explorations/drillings in 1999 plus increasing demand by 2000...oh yeah, lots of oil trader is waiting for "compliance report" of OPEC anytime on month of May, so that will be a major event..my take on that is we will have a major profit taking of all oil stocks/drillers/services sectors so I'll take that opportunity to load up.. anyway keep us inform w/ your friend, I'll appreciate much, since I myself is not an oil expert.. just me.. elmer p.s. in SEBL at 39 5/8 for PTA