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: Gary Burton who wrote (46939)	6/25/1999 7:53:00 PM
From: BigBull	Read Replies (2) of 95453

GB buying FLC? Well, if that don't beat all! I'm not buying this dip. Next one yes. Way to many stocks breaking down below 50 dma, leadership stocks too - not good. About the only thing I see that can pull the OSX's fat from the fire now, is a really great API number. Right now I view this as an intermediate reaction, in a primary Bull market. I don't like riding out intermediate reactions. I will probably raise more cash on any rally - next few daysish. Not 100% cash by any means, more like 40 stock 60 cash and OSX puts. Got a real good idea of where I want to reposition the portfolio. Hint - it ain't deep water. Are the waves still pointing to $16 oil?

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