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 (77986)	11/6/2000 11:32:12 AM
From: SliderOnTheBlack	Read Replies (2) of 95453

THE SILENCE IS DEAFENING - hello, hello, hello.... o/t the GW camp sure did the better job this weekend of wearing the face of a winner. The polls show just too many states - too close to call. Florida could be a biggie... we'll see if the perrenial Soc Sec scare worked this time... MVK technically showing very good OBV action into this recent blow off - I'm really tempted at perhaps some Dec out of the monies - really nice upside potential...have to wonder if some of the OBV is short covering how ever... ? Jim L - what's your thinking here ? - that 97-98 cycle chart on all 3 tubulars is chilling - they were THE truest indicator that the cycle was all over - most other subsectors bottomed & formed a brief 2nd sub rally ; before collapsing - the tubulars; once they turned - it was all over... If you're a believer that these are oversold - lots of options plays. Selling puts offers some reasonable 20-25% returns for April $15's & $17's that aren't that risky...some real home runs on calls in the $20's if ole MVK can return to new highs.

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