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: SliderOnTheBlack who wrote (57783)	1/3/2000 1:56:00 PM
From: double-plus-good	of 95453

Buying a little PKD and VRC; both too cheap by my metrics. got stopped out on some VTS last week and took the tax loss. rotated into some oversold enp's like rgo and epex. This sell-off was pretty clearly coming. The gains last week were on light volume and many of the buyers were hedging y2k supply disruptions and the possibility of a shortage IMO. Setup a trading short opportunity, but i view the pullback as healthy and necessary. The big picture is still favorable and the valuations compelling. I'm keeping some powder dry for screaming buy opps or for laying on the short sales in the naz. boom 2k ++good

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