Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Paul Shread who wrote (6845)	1/28/2002 1:58:46 PM
From: isopatch	Read Replies (2) of 36161

Paul. Stopped out of EPEX trading block with sm gain and UPL trading block with sm loss. Yawn.... As you know have not been a Bear on the market so far this year. And my subdued optimism has, so far, yielded a high success rate in a string of ST trades, since late November. But it's now looking (at least) ST toppy - to me - for the first time in awhile. Like my energy favs a lot and holding a few for longer term. But till I get a little more ST optimistic again like the more cash more than the trading blocks I've sold in CRK, EPEX and UPL the past 2 trading days for a small overall net gain. Sure, maybe we "squeeze" a little more upside out of this market. But for my money? It's not worth trying to get that last few % with the Temp forecast going back and forth like a ping pong ball again this weekend.<lol>. And in the broader market, capital preservation is looking like it will be a more significant issue for most players, in the next few weeks. JMHO, fwiw. Regards, Isopatch

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