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

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To: Fitz who wrote (52554)10/7/1999 11:10:00 AM
From: ItsAllCyclical  Read Replies (1) of 95453
 
FITZ (HAL) Bought the Oct 35 calls on the day of the crash. A bit too early but made an OK profit yesterday on the pop. Based on the heavy call action I don't see HAL rocketing anytime soon. Look like they'll try to keep it around 35 to make the bulk of the options expire worthless. After that I see a slow climb back to the mid 40's. Great long term buy, but so is the whole sector at this point.

No position currently.
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