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

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To: ItsAllCyclical who wrote (72460)9/6/2000 5:13:03 PM
From: GREENLAW4-7  Read Replies (3) of 95453
 
IS OSX TOPPING OUT?? I have been short several stocks for about 3 weeks now, HAL, GLM, DO. Even as crude went from 27-35 today, I have noticed many OSX stocks are ready to turn over. I base this theory on HAL. Shorted at 51, 52.5, and 54 about 3 weeks ago. Today it just happened to hit 55 again, but it was trading at 52 only 2 days ago. Same goes for GLM, and DO. I admit I am down to even in these positions but if I am correct CRUDE will not just fall from 35, but crash very quickly to 28-30 over next 3-5 weeks.

I would be very careful holding any OSX stock with crude this high, but I do congrat all who are still long! RIG looks to be the winner!
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