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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (6226)1/9/2002 6:16:45 PM
From: isopatch  Read Replies (3) of 36161
 
Frank. The better patch plays

continue to climb the wall of worry. Talk about "against all odds"?! What a great contrarian they've been since I loaded the boat wk before Xmas. Every thread I post on -except this one - be it on SI or Yahoo? All I hear is whining and negativity about how these stocks can't rally because there's too much NG in storage or the weather is temporarily moderating. Geez! Talk about textbook examples of the kind of bearish sentiment that will bring us further rally in the sector before this Intermediate Term run ends sometime in the next 1-2 months.

Continue to hold core positions in some of the following stocks. But was stopped out of some large trading blocks today for the following gains!

25% in 2 weeks in EPEX, 14% in CRK, 16% in NSS and a nice single digit scalp in CRZO.

Will look to reload those trading blocks if we get a further correction in the gassers during this mild temperture interlude.<g>

Are you listening Yahoo??!!<G>

Didn't sell any CRED because it was a partial pos to begin with.

Bumped up HOFF position 40% @ $6.67 on the dip - a few days ago. It's now largest OS position, with overall basis of $6.44.

THANKS to our friend t4texas for posting about NR. Did my DD the past couple of days, and entered a 1/3 position on todays dip @ $7.48.

---------------------------------------------------------

WOW! Sure glad I kept some PMs! And todays BO triggered buy stop that put me back in AEM.

Talk about a wild day?! Computer caught a real nasty bug sometime during the past few days and crashed early in the day. Lucky older son has a good machine for me to borrow.

What a great year this is shaping up to be.

Regards,

Isopatch
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