Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SliderOnTheBlack who wrote (62466)	3/20/2000 1:26:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

fwiw bought - RIG HAL GLM FLC today & close on PGO GLM sub $20 is really enticing - both GLM & FLC are $30 stocks by year end - gaaaaaaaarooooooooonteeeeeeeed. HAL see's $50 as well - PGO $24+ & all = near 50% upsiders, or margined doublers... Worst case scenario is if the Fed hikes .50 & the overall market reacts badly & if OPEC increases 2.5 M - then we see a 30 day retrace to Cliffie's numbers - before we base and run on fundamentals and still having $20+ crude. about 115% in today - will go to .50% margin maintenace at another 5-7.5 % retrace in core holds upon a negative post OPEC reaction only - I'll make a stand there which would be at about OSX 90-92; so Cliffie - we are not too far away targetwise; only difference is I start buying heavy here and build margin leverage from OSX 95ish on down. I would not be at over .50% margin maintenance at OSX 90 folks - you've got to be able to take a potential worstcase total market blow off of another 10% beyond that; otherwise its gambling & not leverage your trade/investment imho. Gotta be able to live to play another day imo. This is the buying opp folks... gotta be in heavy here - save the margin power for further retrace on the actual OPEC reaction imo. We've got 20-25% poppers building up here in RIG GLM FLC etc... Roebear - it's gonna be "Hummertime".... (as in 4x4 Arnoldmobile).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next