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 (54391)	11/10/1999 3:18:00 PM
From: SliderOnTheBlack	Read Replies (3) of 95453

JQP; I set limit buys to try to "re-buy" 10% cheaper on some of these... Just got PXD at $9 7/8ths... out earlier on $11; I'll take this one again here. But, I am going to limit myself to about 1: 1.25-1.33 margin here with tight stops; not giving up these gains. Everything is still cheap; most everything... I am not a buyer on 3 fav's - ESV,NBR or UTI here; in fact only SDC, or FLC look reasonable, here and only FLC do I feel good on buying on "any" slight weakness in the drillers. I like E&P large caps the best (NBL UPR OEI EOG BR), then service. PGO/VTS/SII/GLBL were my biggest buys into this bottom. I am all out of SII, but holding good positions in all others. I'll buy SII back again - its my favorite trader. If we reach a little waffle area; to base & consolidate these gains; the small caps like RRC look tradeable here... while there's a pause in the action...

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