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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (45536)	5/27/1999 12:26:00 AM
From: Broken_Clock	Respond to of 95453

Slider, I agree w/you on RIG. Long since Monday. very strong chart and good looking volume reversal at 23.50 support. Oil seems to have found support at 16.50-17.

To: SliderOnTheBlack who wrote (45536)	5/27/1999 6:12:00 AM
From: RBlatch	Respond to of 95453

OT Slider - It's a darn shame you have to go on vacation to count all that money!!<ggg> Making all those day trades really takes it out of you, doesn't it? Only in America..........!!!! Cordially, RBlatch

To: SliderOnTheBlack who wrote (45536)	5/27/1999 7:18:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 95453

Morning Slider,,interested in your thoughts regarding GLBL..What do your tea leaves say about this one? Potential? Plus'/minus'?Upside/downside? Nearterm/midterm/longterm revenue performance? Thanks for any opinion you or anyone might offer..I do own it..DD

To: SliderOnTheBlack who wrote (45536)	5/27/1999 10:04:00 AM
From: BigBull	Read Replies (4) \| Respond to of 95453

Slider, According to ODB the Deutsche assessment of upcoming oil supply numbers is radically different from those of Goldman Sachs, and Merril Lynch. It sounds to me like Deutsche may be a "missing barrels" analyst. Matt Simmons (in ODB again)has said that the chance of there being missing barrels is near zero. He has also said that if those missing barrels don't show up between now and the end of June that they won't show at all, and never existed. Simmons says to watch the OECD numbers for "missing barrels". If OECD stocks start to fall, the market will get "very tight, very fast". Simmons has also indicated the the recent "backwardization" in the futures market has signaled a tightening of supplies near term. Perhaps the Saudi's "know" there are no "missing barrels" and are thus making bold predictions about 18 - 20 Brent soon? My bet is that in June the ME part of OPEC really starts to go after US and European supplies with a "vengeance". Making dramatic annoucements of supply cuts to US and European customers WILL (imo) shake up NYMEX pit traders big time! So, what to look for: 1. OECD stock numbers. 2. May OPEC compliance numbers. 3. Backwardization stats. 4. June OPEC cut anouncements Anyway, have a good vacation, and get back to the board on a regular basis as soon as you are able. We all need that Slider the Bloodhound nose of yours. <g> Bull