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Strategies & Market Trends : Strictly: Drilling II

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To: TheBusDriver who wrote (10328)4/2/2002 8:29:31 AM
From: Frank Pembleton  Read Replies (1) of 36161
 
Wayne... in a sense I am playing the patch - by living and working in it ... owning real-estate in it -- maybe that's why I feel a little more diversified by playing another sector. Maybe... but along with a few others on SI - I really do feel a homerun here.

Last Saturday I was listening to "Money Talks" it's a program on talk radio and they featured an investor that plays in the futures market. Yes, his name was Larry Williams, an interesting interview to say the least. Took $10,000 and turned into a million in a period of one year. He also does seminars, where he demos his skills in real time trading and shares the profits with the audience.

Incredible actually... The two indicators he felt were most important were the Investors Intel. Bull/bear ratio and the COT positions.

(Great White North formating)

GEO -- should be killed with this one this morning, write downs suck... shoulda waited for this PR in the first place.

ELD -- haven't bought any new shares, haven't sold any old shares.

BGO -- ditto

BAY -- ditto

BGI -- ditto

TNK -- ditto

NGT -- sold my position AAS last week to buy more NGT and will continue to do so.

MFL -- becoming my favorite stock in the whole wide world - it creeps up a percentage point or two on a daily basis - I love it when a stock does that.

Regards
Frank P.
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