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: Braddock Bull who wrote (53172)	10/18/1999 4:24:00 PM
From: Winkman777	Read Replies (1) of 95453

Thanks Warburg, got RIG in the 25's again. Seems like deja vu. Fellow downgrade FLC also seems cheap. Just missed my fav E$P, tried to buy for 1/16 below days low. I like going back to past money makers. DD already done and long history of watching. Raised some cash on Thursday before going on vacation. Lucky maybe. I feel much better about market after seeing strong bounce near today's closing. Slider and other's logic about Warburg's driller downgrades seems reasonable - manipulative and stupido. This is IMHO largely an emotional roller coaster. Remember the basics - crude $20+, NG $3+, drip, drip, drip,...of inventories. Expect another API drip tomorrow, and modest CPI increase. Core PPI without tobacco and new car intro's was only .1%. Have the courage to take advantage of this crisis/opportunity. Winkman

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