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

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To: Tommaso who wrote (94553)11/29/2001 5:06:12 PM
From: SliderOnTheBlack  Read Replies (1) of 95453
 
...all in jest Tommy-boy~

I'd think you, da'bung & K-shyster would understand that by now (vbg).

Looks like you've made some prudent moves fwiw... good luck.

I do hold a few crude oil levered "calls" here fwiw and a few common shares from that sub OSX 60 dip on a few old fav's... but, only a 4-5%ish portfolio weighting as a "WAR/supply disruption" hedge.

Other than "WAR"... I think the STILL slowing global economies trump the other drivers in the patch.

But, I am looking at some LT Nat Gas oriented plays to ultimately average into, but think they go a bit lower; so I'm waiting...E&P's don't look cheap to me on a cyclical basis yet.

Anyone follow WMB closely ?

PS ...looks like Gary Burton pulled his old "EW" magic in nailing a nice trade in PGO.

I haven't followed it for ages... recent volume didn't show any leaks for the deal... but; there was some interesting against the grain volume/accumulation a while back...

For anyone wanting to just throw somw cheap gold shres into the hopper as a portfolio hedge; KGC is a cheapie that will be worth the LT hold/wait... buy 'em here in the mid .60 cent range (double down if the .40-.50 cent range is ever seen again & forget about it for a while... set a $2 & $3 GTC sell stop and thank me later...
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