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 (52356)	10/4/1999 2:27:00 PM
From: SliderOnTheBlack	Read Replies (3) of 95453

Big Bull - more "yummy profits" - HOFF down 9% today ! ... lets see; FGI RRC VRC HLX and now we've gotta add that well known core hold of Big Bulls - HOFF to that "yummy profits" list... all vastly underwater... but yet "yummy" ? Ohhhh; I get it ! - you're short (VBG) ! Got EEX ? Not afraid of showing my hand... all except some trades being looked at today. Holding OEI from $9 1/2 will add on retrace @ $8 3/8ths if seen GLBL - $7 5/16hs will add lower sitting at $ 6 1/2 & $5 7/8ths PXD - $ 9 7/8ths will add lower - sitting at $8 1/2 UPR $14 7/16ths will add lower; sitting at $12 1/2 ESV - $17 3/8ths will hold... watch for FLC at $11-12 to add drillers MDR - $19 29/32nds avg cost basis - will add below GaryB's call of potential $17 1/2 RRC - at $4 3/8ths avg basis here... may add higher depending on the tape; $4 7/16ths is attractive to start and follow on down... Trading EEX large... $3 1/32 avg cost. little bit o' MEXP & a few others starting to build positions... PS - Thanks Gary B - for "missing it" as you kept my "margin" finger from firing on last tuesday... I am not chasing "teenies" here - but rather in nicely and able to sit for a blow off with a bit more cash and some margin to throttle at about OSX 70-65 if seen. I think we're close here... a retest of last tuesdays blow off. We wash out the non believers here through Q3 reporting then run hard... pick your ponies... and GaryB's has all that cash at these prices.... Kudos Gary B - you nailed it imho.... and thanks; because of your caution, I've got a few scheckels in which to still play a bit here... And I get to cash in EEX on any ramps... praying for $11-12 FLC here.....

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