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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Umunhum who wrote (61099)2/29/2000 3:02:00 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
FST at 8 1/8 and UPR at 9 3/16 look the best bets (FA and TA wise) if you're buying fresh today. Had limit orders in, but changed them to market orders given the sector strength.

XTO was a gift this morning with their share buyback - now have May and Aug 7.5 calls. XTO is still dirt cheap, but I have a full position.

I'm now fairly heavy on margin.

An XOI rally would light a fire under this sector especially the E&P's. I would like to see a little more leadership here during the next few days/weeks or I'll be trimming a little into strength.
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