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Gold/Mining/Energy : Anadarko Petroleum Cp
APC 72.77+0.8%Aug 8 5:00 PM EST

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To: PuddleGlum who wrote (82)2/15/2000 12:20:00 PM
From: The Ox  Read Replies (1) of 129
 
Well done on the IRA. SWC has been terrific lately.

About half of my oil portfolio is made up of service stocks in the patch, CAM and WFT. They are up 87% and 92% respectively, since my purchases. I also own the drillers UTI and FLC, up 210% and 54%. With the recent additions of SFY and APC, I've added independents to the fold.

I still like the patch for the long term and will continue to do so until I see the fundamentals change for the worse. I think we are on the upside run and we haven't seen the top yet.

As for my trading portion in APC, I usually try to trade at least 1K shares when "things look right". Picking up a few "extra" dollars now and then when the opportunity presents itself and the downside looks limited.

Good luck,
Michael
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