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 (60152)	2/11/2000 11:53:00 AM
From: Winkman777	Read Replies (1) of 95453

I finished buying Wed near the close. Bought a lot more FST, even "trading" some XTO for FST. Am now chest deep in margin, my highest ever. IMHO WED at the close was the bottom. The spurious reasons for TUES-WED drop (Chevron budgeting crude at $18, and OPEC might increase production somewhat - sometime) gave us another buying opportunity. OPEC has to increase production some to avoid shortages. BUT they have stated repeatedly that $25 is the floor. Like many here have said, it will take some time to get used to. And when $25 min becomes accepted, we will make REAL $. OT: WMI on sale today. Big fund sales yesterday drove stock too far down IMO. Like FST lately. I got WMI at 14 5/16. It is only a bounce play - hope it doesn't smell up my portfolio. FST and others I'm holding for possible doubles. Good luck all. Winkman

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