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 (61765)	3/8/2000 9:01:00 AM
From: SliderOnTheBlack	Read Replies (2) of 95453

CNBC newsflash !- DLJ agree's with mwah - OSX downgraded ! ... at least "someone gets it " We ARE ahead of ourselves in OSX - ROTATE ! people - the "Taking Candy from a Baby - MARGIN A MAJOR-mini , or integrated play of 2000" is taking place. CNBC announcing DLJ downgrade of the sector across the board - we'll my black hat profiteering short trade hat goes on; on any weakness here SII CAM BJS ESV look like $3-$4-$5 chip shots folks ? I dont recommend anyone else shorting, but I would get off the margin juice real quick like in these names - like "pre-opening if possible, or the open"...protect your profits & ring that register. The bravado of late of "staying on full margin" totally escapes me at this point of this cycle - we've all got really nice profits (except SargeK) - why let a 15% retrace destroy up to 45% of your TOTAL capital if you "really" are on FULL MARGIN ? - that's not trading, or investing - that IS gambling - period. Actually I think DLJ and others will use this as an effort to shake out the sector here; to allow the "inside wall street" money to get in a bit more cheaply here - as many missed this move... don't fight it - use it. Majors are safe here folks - at historic low multiples - OSX nearly at .com valuations....that this divergence gap would close was a NO BRAINER. Gee ? The majors are all up in instinet trading (VBG)... aint nothing like "getting it"... lets see how the ole' OSX fares today on those API #'s folks... As I said; 291 M BOE is NOT a good thing...

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