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

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To: SliderOnTheBlack who wrote (82725)12/26/2000 3:49:14 PM
From: The Ox  Read Replies (2) of 95453
 
Hi Slider,
I added very small positions in NTG and KEG right near the open. These 2 positions are for the longer term portfolio and will be held as long as the patch fundies stay strong.

I also added a very large trading position (for me) this morning in KEG (between 8 1/8 and 8 5/16) and sold between 9 and 9 1/16.

I would be very cautious about adding long trading positions late in the day for the rest of this week. I believe there are still plenty of retail tax sellers trying to eek out what little they can on daily moves. These folks will be getting impatient, selling their positions late in the day and this will cause some tempering of the strong up moves from earlier in the day.....bwdik?
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