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 (54016)	11/4/1999 3:41:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

WOW - bought GLBL back at $6 7/8th limit trigger... From $8 to $6 7/8ths today... damn; lets play this high $6's to $8 game once again. I didn't see that one coming; I get the damn warm & fuzzies everytime one of my trolling lines snags a buy...like that. GLBL is a must own - core/niche play here. This had strong accumulation here into weakness ? - maybe the Shiek has started to run those stops (VBG) ? Well; I have to lower the limit buy trolling line a bit here; lets see.... maybe: SII - $32 ish GLBL - add more $6 3/16ths PGO - I'll gladly chase; each $1 down, next stop $12 3/16 & $11 3/16th VTS - got a nice order in at $12 7/8ths - will add ea $1 down OEI - $7 15/16ths - something tells me its gonna break $8 before next wednesday PXD - $8 15/16ths - same as above ? allready own both in this range, have to make it worthwhile to add - 7-10% lower is worthwhile imho. Drillers ? - nothing close, RIG perhaps, love UTI NBR ESV FLC - but need much lower to be no-brainers imho. UPR _ ? okay, maybe it see's the $12's off its discovery here ? irrational, but someone wants out... E&P's still up 50% in many cases from Jan lows; funds using E&P gains as currency per Merrills comments - selling & rotating into tech/net mo-mo run here. Could get interesting if the Shiek is clearing out the weak here (VBG)...and the hedge funds jump on his cape...

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