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: ItsAllCyclical who wrote (59651)	2/3/2000 11:01:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

Jim L - good move on margin; I trimmed too... APA - is a valid point - what a monster... I've played some 3/8 - 1/2 point swings in XTO to trim margin; keeping some powder dry for more FLC, DO - a few others... PGO, some small caps for a basket in service arena . If you are on margin - you must be very, very nimble here. NG broke $2.70 and we popped a bit - but, nothing indicative of the price of NG here... We may need a day, or two for the markets to digest the Fed stance - Bond moves etc; then rally nicely on the continuing expectations for the savy Institutional Managers that OPEC will extend cuts. XTO remains my fav.

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