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To: SargeK who wrote (43713)	5/2/1999 10:10:00 AM
From: Big Dog	Read Replies (2) \| Respond to of 95453

You guys remind me of my wife...you just HAVE to get the last word in.. Why don't you all just shut up with this silly ass crap. That's all I got to say about it. DisgustedDog

To: SargeK who wrote (43713)	5/2/1999 11:01:00 AM
From: Crimson Ghost	Respond to of 95453

Sarge: Recent OSX action again proves the truth of Big Dog's motto, ITS THE OIL PRICE STUPID. The market really doesn't give two sh..ts about near-term OSX earnings as long as oil prices go up and stay up. Beacuse we all know that if crude stays up it won't be long before oil industry capital spending takes off big time. By the time day rates move up significantly, the move will be over or almost over. Interesting item from IRNA: thr 022 iran-saudi-ties-press agreement between iran-saudi, good news for world of islam: daily tehran, may 1, irna -- the english-language 'iran daily' saturday commenting on iran-saudi ties said that agreement between the two powers overlooking the persian gulf can only be good news for the world of islam. not only this, these two oil producing heavyweights sit on the ''chokepoint of the world's energy supplies and though much has and is being done to discredit the power of oil, the fact remains that the industrial worlds stops without it,'' added the article in the perspective column of the paper. therefore, ''both for naked self-interest and the bigger, altruistic questions of muslim commonwealth, this should have long been considered a partnership made in heaven. of course, questions of historic development have stunted this notion and nearly obliterated its possibility. fortunately, contemporary events and a broadening of global horizons are driving home the near-term suicide that iran-saudi dissonance represents for the countries and the regin. again iraq gives us a worst case example,'' noted the paper. therefore ''what is happening in that country reiterates the necessity that persian gulf security be in the hands of littoral states. certainly the two sides are in a position to ultimately bring this about.'' it is obvious that both countries see ''the contradiction and imminent danger of a regional peace enforced by outside powers and this is in the primary heartland of islam,'' it noted. ''who says the muslim littoral states cannot oversee the entirety of security for the persian gulf and the energy it supplies to the world? who says such a development would be a threat to ''civilizations as we know it''? the americans and israelis of course!'' fh/rr end ::irna 01/05/99 15:38

To: SargeK who wrote (43713)	5/2/1999 11:48:00 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

To "Short, or not to Short'' - is THAT the question ? $16.50 Oil soon ? Is PaineWebber Giving up on Oil Stocks? iionline.com Bob Hirschfeld {{Is PaineWebber oil analyst Frank Knuettel throwing in the towel on the energy stock rally? ..... ...The analyst said the primary reason for the downgrades was his view that oil prices will be weak for the next 30 to 45 days. Asked how far he expected oil prices to decline, the analyst said, 'about $1.50 or so.' That would bring the price per barrel to about $16.50. Kneuttel also said the downgraded stocks had performed very well recently,...In other words, he downgraded the oil stocks which 'ran the most.' }} ---------------------------------------------------------------------------------------------------------- Too far too fast ? What will $16.50 Oil do ? What will the Street do ''if/when'' Oil retreats to $16 - since they are sitting on the fastest, largest gains in OSX history - a 50%+ one month pop ? Are we truly in the ''deadzone'' now - between earnings periods, and isn't it obvious here, to even the ''newbies'' that the initial (keyword being - initial) OPEC compliance #'s are allready known and completely factored into the both the OSX stock prices and obviously Crude Oil prices themselves ? Since the initial OPEC compliance numbers are backdated/time lagging - and the answer is allready known on the INITIAL compliance numbers- being that the reporting period for the May 10th release is now over; isn't the real DANGER here - in how the Markets will react to the 2nd compliance report in June - which will reportedly show Venezeulan and perhaps others all ready cheating ? CHEATING - will this be the Bears Mantra' ? Will CHEATING be the Short Selling catalyst, or will the lack of fundamentals such as low utilization, dayrates, falling backlogs, lack of new major projects and most importantly lack of positive earnings - be the lynch-pin to another BEAR/Hedge Fund Short Selling raid on the seemingly fundamentally defenseless OSX stocks ? Is this the ultimate "BULL-trap'' ? Is anyone listening to the Oil Pit Traders ? Has their comments on Oil Prices being propped up above $18, on basically technically oriented short covering (of which their is little left to support prices - when profit taking occurs off of the initial OPEC report) ? Has this not positioned the OSX stocks to be victimized, yet once again by the major Institutions stampeeding into a ''last man out the door - loses'' -- profit taking run & SELLING run - off of any negative Oilpatch news and even off of any positive news ? Hasn't the patch had a history of late of the Street taking profits off of the good news ? Will the intially ''positive'' OPEC compliance report - be the Bull-Trap the Street is waiting for - to sell off of - into the ''seemingly good news ? Is this 50%+ too - far/too fast run setting up to be the Streets hardest, fastest profit taking reaction yet seen ? Did anyone read the Oil & Gas Journal article on the incredible imbalance in Crude futures contracts and its looming bearish cloud, and the plate being set for a substantial Crude Price retracement off of technical profit taking ? Is anyone paying attention to the CEO's of the Major International Oil Companies (since they control the OSX companies fate) and their strong doubts of the SUSTAINABILITY of crude prices here ? Is this the time for emotion-neutral (VBG) ''traders/investors'' to either take profits, or to even jump on the Short Selling Mo-Mo Bandwagon that looks very probable ? Has anyone caught on to the fact here; that these recent Brokerage downgrades - upgrades are primarially to allow profit taking by the Houses largest Private Banking/Institutional clients - and that the small fish allways get eaten in this upgrade/downgrade game ? Will anyone be able to resist even these easy $2-3 gimmies on shorting the high flyers of late ? Don't ''Switch Hitters'' gain an incredible advantage by being able to step on over to the ''other side'' of the plate - when the curveballs (or, Sliders) start breaking in the ''wrong'' direction (VBG) ? Are we about to be thrown a "Curve Ball'' here in the OSX " ? ******************************************************************************** ....what separates the minor leaguers from the Major Leaguers - is their ability to hit the "Breaking Ball''.... Is it coming ? Can you hit the ''bender'' (VBG) ? "Emotionally neutral'' - just here to make money - and it don't matter from which side of the plate it's made ! - long, or short - there be money in the 'patch ! Reportedly; one savvy trader is long some undervalued individual Energy Stocks and subsectors; but short some sitting duck high flyers - fwiw. Do a couple of ''Black Hat'' Hedge Fund Traders ''know'' that Fidelity et al's Elephant March of accumulation through the Banana-Fields of Oilpatch Land are over - and now the Shorts have no buying resistance to stand in their way ? - are the individual investors about to get whipsawed and steamrolled once again ? Hooo Hah ~ ...bad as I wanna be your pal, $lider ....comments ?

To: SargeK who wrote (43713)	5/2/1999 1:29:00 PM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

Sarge; we agree ; Cheers to Jesse Jackson - our next President ! It is about time that we gave peace a chance ! It took Jesse Jackson only 1 hour with Milosoveic to gain the release of our Servicemen. It is about time that America wakes up and realizes that the Reptilian, Industrial Military Complex in this country needs to be dismantled peace by peace (pun intended). We have just spent Billions of dollars dropping bombs that have killed hundreds of innocent children and citizens of Serbia. This has changed nothing and why are we bombing of our own former allies of WW II ? Is this not a civil war- with unspeakable attrocities on BOTH sides ? This money could house, feed and formally educate every homeless and disadvantaged child in America ! What are we thinking ? Hopefully we are in the final stages of an ''Intellectual'' Cleansing of our Intelligence and Military Community - that is long overdue. The amount of money that we as a country waste on this Dinasouristic ''Break Things & Kill People'' Militaristic mentality is shamefull. The cold war is over. The day that some informally educated, intellectually stunted grunts; can bring us to the brink of the nuclear destruction of our planet and the entire human race is over ! We must - ''all get along'' - or, our days are numbered. Perhaps this is now the time for a man as Jesse Jackson to rise up with a groundswell of individual support; and for us to seize this opportunity to truly change our world and the one that our children will soon inherit. I will personally donate a significant portion of the short selling profits that I have made and will make; to Mr. Jackson's Presidential campaign should he choose to run. At this very moment - I am writing a letter to both his son here in the Chicago area and to Mr, Jackson to encourage him in changing his mind and to seek election as our next President of the United States of America ! God Bless America and welcome home boys ! God Bless the Rev. Jesse Jackson and Thank You ! ...see SargeK - there is hope !