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

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To: tommycanuck who wrote (89892)4/10/2001 11:39:59 PM
From: isopatch   of 95453
 
Was about to PM you ole timer.

Where ya been? Ireland? What are you up to? Big buyer of TLM? Sounds like you are favorable towards it.

As for me. Nothing earth shaking(g). Just typical Bear Market strategy and tactics along with the required caution and patience.

Other than that? Picking a ST trade here & there to keep my focus on the market. But nothing large enough to hurt me if I'm wrong. And, of course, avoiding the ever present wipsaws as best I can.

The key focus, so far this year, has been enjoying watching my high cash position get more and more valuable vs the NG E&Ps AND many other stocks sold back in Jan or even earlier (Sept/Oct last yr).

Recent buys include a moderately large CRZO position from last week @ 6 1/8. Also mod lg pos in REMC from last wk @ a lousy entry price of 8 1/2. And today, repur a fraction of the lg AEM pos @ 6.57 sold 10 days ago @ 6.99.

Tooks scalps in RTN.B and PDE yesterday. And otherwise sitting on a few LT holds like TLM partner LOILY that are close to my cost basis.

Right now bout 68% cash. All in all, just biz as usual.

Best regards,

Isopatch
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