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: ItsAllCyclical who wrote (65012)	4/19/2000 5:24:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

<<. It'll be a good source for covered call writing while I wait to take long term capital gains.>> Bingo ~! very good strategy. I am tweaking ole' "Q" here just a bit; obviously the entire patch is going to do well - very well, if commodities maintain here. But; one could not have written the script any better to have been able to play that convergence gap (between drillers/service & E&P's) and now to get to do it all over once again, just by switching horses... o/t tech: Michael Happel posted a great trade/buying opp on ATMI - blew off 20% on pretty damn good earnings; back to pre NASDQ rally price levels with only a 20 x 2001 eps valuation here at today's low - that is a gift in tech, with their niche & growth. - an anomaly buying opp imho. I got a nice piece; but have room to double down at a NAZ break under 2850 or so and I am determined to keep powder dry just in case we see that; it will be equal to the opp of Oct 98 imho. NAZ will still see 5000 by year end imho. BULLSKY; I'd be bettin` that ole' Bullsky been doin some quiet buying here of late ???

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