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 (61930)	3/10/2000 1:30:00 PM
From: ItsAllCyclical	Read Replies (2) of 95453

Slider, I'm willing to buy back RRC at 2 1/16 and lower. I like MLRC so much better and I'm not willing to put much into small caps yet with so many big cap E&P's and majors at such low prices. I think OXY and FST are the biggest laggards. BSNX is close, but I'm somewhat looking at how much they've appreciated from their recent lows (purely from a short term trading standpoint). OXY probably has the least downside of any large cap E&P right now. That's why I bought calls yesterday in bulk. From I leverage standpoint you could say my portfolio very OXY price sensitive ;) It's looking like a good call so far. The Jan 20's at 2 1/8 are still cheap imho. BTW, thanks again for making me a better trader (RRC). I had sold 3/5 around 2 3/4 and was going to let the rest run, but when I saw you selling I sold my remaining amount at 2 15/16.

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