Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Lucretius who wrote (15196)	3/18/1998 12:12:00 AM
From: Chas	of 95453

FYI: Salomon Smith Barney brokers were aggressively calling their clients today and telling them to sell oil service stocks. They were also doing it yesterday. Must be at or near a bottom for sure. I am ashamed to admit it, but after holding on and losing some big profits since November, I sold NE, ESV, FLC and FGII today on fears that the GOM sale will disappoint Wall Street tomorrow. Held my long positions on RIG, GLBL,VRC, and SLB. If the GOM sale disappoints, who knows where the bottom might be? Hope I am wrong, and that everything shoots up from here. Regards, Chas

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