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

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To: Razorbak who wrote (82700)12/26/2000 2:30:48 PM
From: kodiak_bull  Read Replies (1) of 95453
 
Razor,

I sold my RRC today as well, at 6 5/8 up from 1 15/16 bought in the days of "ratchet down." Sold RDC as well (I was a little slow in resetting my GTC order from a few days ago), out at 26 1/4. Building cash now, a healthy supply. I can't figure out the gold play no matter how many times it gets explained to me, so I'm content to let others have my share of precious metals profits.

JimP tells me not to worry about taxes, so I'm not going to worry about taxes. It wasn't too long ago that we were at OSX 96 and today's 124 or so looked like heaven itself. In a boom market it certainly pays to buy when your knuckles begin to whiten. Of course when this boom sours, white knuckling it won't save you or anyone else.

As bad as October and November were, this is a nice end of year event, so far. So far.

Kb
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