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Re: Argyll post# 23667

Tuesday, 10/16/2007 1:48:25 PM

Tuesday, October 16, 2007 1:48:25 PM

Post# of 51429
Uhmmm...let's think about this one. If oil soars to $100, and causes a recession, it would then be an oil induced recession, right?

For the recession to be eleviated, oil would have to come back down to these levels.

Why do you think I'm so bullish on oil? It's almost a 'no can lose' scenario.

The market could collapse, but it's because of high priced oil. If anything, just like gold, people will jump outta the luxury plays and jump into oil plays.

This may be a very good reason why MMs are battering the hell out of micro O&G plays. The lower they can take them, the more money they'll make when a rallying begins in full force, for domestic O&G plays.

Of course, JMHO.



At any rate, just poppin' in for a few minutes. Heading out this eve for DFW. Keith wanted me to let everyone know he'd be putting out a PR tommorrow or Thursday. Said they got 10 more wells online over the weekend.

Also said, if people want to send NITE that letter, tell 'em also to include that MM can go f88k themselves trying to buy the shares they'll need when it's time to cover. Said if people are selling HMGP at .10-.12, they're outta their freakin' minds.

NOBODY gives dollars away for pennies (except MMs)

(be sure to remind NITE of this, also!)

Oh! and yes Argyll, I believe Keith/HMGP is delivering considerably more than 300 bopm, but I'm not gonna wait to find out just how much, before I start buying. Grabbed some .12's today.









L~



"took me 3 long years to make a million bucks over night"

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