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To: IndioBlues who wrote (43891)5/4/1999 12:55:00 PM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
<< I'm long OEI and MRO leaps. >>

fwiw; 2 of the best ''trades'' I've seen - brilliant !

MRO is one of my fav's - low, low, low risk - love in mid-high $20's(26ish) on a retracement - ''if'' we ever see one again (VBG); super leveraged earnings to this Crude price level/ OEI as well.

Selling any calls here ?

FXEN - nothing has changed; still lots & lots of low risk development - huge, huge acreage - don't they own something like 83% of the ''entire'' country (VBG) ? If APA buys them out; it will be at a SUBSTANTIAL premium to these price levels (they have no need for cash under present deal etc)- look at last falls prices - Like McArthur , it shall return... setting a limit buy order @ $5 - is another sliderishus pick.