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: Think4Yourself who wrote (52448)	10/5/1999 2:32:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

CAPITULATION. We can now buy many top Co's at price levels we had with $10 Crude One can not hesitate in these circumstances. Once & for all; when we have an obvious bias to the upside longterm; one has to "trade" vs. "Buy & holding". Since last October; we have continually traded in "RANGES" - some people who have held since last October have now seen their stocks give up 50% moves - some giving up that much in the last few weeks ! Richard; where are you now ? Just returning the "needling" after all I get; certainly - I get to return the favor ? Bought UTI vs. PTEN here... Remember; all that taunting of how I sold too soon; how I was in E&P's - missed land drillers...? Well, my son; since you failed to cash in those chips; you just watched the entire summer rally disappear before your very eyes.... sad, very sad. NEVER let gains like that just disappear - a mortal sin ! Gotta trade 'em & gotta ring that register off of every major move. Especially when there has continually been rotation plays available ! - people; it's not like there isn't places to put the money...ie: EEX - a couple of day 20% popper; waiting for this buying opp... Bought: HAL - for a trade - 15-20% in a single day ? - BAMM ! UTI - gave up the entire summer rally here - a gift. PGO - started an initial position again - will chase it lower; maybe that buyout offer at $22 is looking better now (VBG). Have unfilled limit buy orders on my fav's: GLBL - $ 6 7/8ths - won't break $7 here (good sign) - med volume as well - is a very good sign. OEI - need a break of $9 for me to add; allready loaded here. UPR - caught at $14 7/16ths on the last blow off - $13 5/8ths next. PXD - Papaya, its holding strong ! - loaded here allready, sitting at $8 7/8ths if someone wants to get irrational. FLC - holding steady; but, I aint chasing - this is my plum; if I miss the bottom call today; $11 15/16ths for me. ESV - own at $17 3/8ths - add big at $15 7/8ths. Watching: E&P's: RRC CRK RGO APC BR NEV Driller/Svc: RIG CAM WFT SII BJS ROIL - remember that name. PS - anyone notice DVN & TLM here... rocks; "men among boys". PS:Big Bull - Na, na, na, nah - hey, hey, - good bye....

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