Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: ViperChick Secret Agent 006.9 who wrote (17122)	3/29/1998 11:27:00 PM
From: rocklobster	Read Replies (1) of 95453

My picks FGII up TDW down. Lisa, are you short FGII now or waiting for a spike up to short it? If short now, keep in mind that FGII is was a momentum bad boy at one time and could burn you bad. look at its gaps up and you can see that it can hurt you bad if holding a short overnight. Maybe shorting a gap up for a little pullback is what you are talking about, no? If so why not just play it long for a gap up since the impetus for falling oil service stocks (falling oil prices) seems to be gone for now. I too think it would make a good short at a certain height but I am very long right here right now. Please share your thinking with me as I try to learn from all. I think it wise to be prepared to play both sides. TIA later Richard

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