Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (18067)	8/30/2002 12:46:49 PM
From: isopatch	Read Replies (1) of 36161

Bot some TESOF @ $8.79 Been on the sidelines vis a vis this critter for quite awhile. OTOH, ytd, it's been a good trader for me. Have booked 2 nice multi-week ST gains, and one scalp profit. Finally seeing - at least - some good ST signals in the TA. Let's see if we can get some upside. So decided it was time to try for 4 out of 4 for the year. If I'm wrong, trading with a stop to limit any loss. Took my 2nd ST gain in KEG, in the past 2 weeks, this morning. That's also been a good trader this year. Still think it's way too early for any serious LT positions in energy. So my advice to the anyone reading me is that this sector is for nimble traders only with plenty of experience working in energy stocks. PMs continue looking very good with classic bull market behavior this week. Nice work with Kinross and Bema, Frank. Cheers, Isopatch

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