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: rails99 who wrote (92196)	7/12/2001 5:12:01 PM
From: Tommaso	Read Replies (1) of 95453

Having managed to cover my QQQ short at 40, I put it back in at the end of today. May have to hold and watch it head on up, but I have done this QQQ roundtrip short over and over in this 38-50 range, and if the diehard lemmings come in again, I will just add to the position. I also put my calls back in on the gold-silver index the other day. I don't approve of this kind of "investing" but it seems to add to my total account value in regular increments, and I am about half in cash in my cash account, so there's no risk of margin calls. If ROYL drops much further I will definitely consider getting back into it. They are making plenty of money--just not enough to justify a $20 share price.

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