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Strategies & Market Trends : Strictly: Drilling II

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To: TheSlowLane who wrote (30930)5/22/2003 11:13:52 PM
From: isopatch  Read Replies (2) of 36161
 
Thx. EENC is a huge winner. Became a hat trick @ $10.85

a few days ago. And now, well on it's way to being a 4 bagger. Next target in the lo teens don't very far away as when EENC had just broken out above the mid 9s not all that long ago.

Fortunately, it's also been the largest E&P position in the PF, during the past year.

Even as bullish as I was table pounding about the CanRoys off the important trading bottom several months ago, they've really been even better than I expected.

Now that they're into their 1st correction since the Intermediate Term rally began (a classic <sell on news> pull back on the tax cut) it's nice to have an increasing number of gasser E&Ps picking up the slack so the portfolio can just continue making one new record high after another.

With ROYL ramping and CRZO coming on strong recently, have not needed to do as much ST trading in other stocks. As those of you who've read my real time buys and sells iin the past few months know, I can trade when I have to. But, it's a lot more fun to be in a position to let stocks entering into powerful uptrends do the work instead of moi, for a change. Looking for more of the same with the coal gas twins PENG and DBLE in the on deck circle.

Life is good.

Isopatch
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