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

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To: rocklobster who wrote (21053)5/1/1998 5:04:00 PM
From: waverider  Read Replies (1) of 95453
 
It certainly appears as if we have finally moved the traders aside and are back on our way to the upward slopes of fame and fortune. Many resistance points have been broken, trading ranges smashed, and new highs are popping up like blow outs.

John Dickson and seadust picked the next new highs with success in SCSWF and MDR. RIG almost got there. Congrats guys.

While it may be tempting to "take those profits" it is time to enjoy the fruits of our insight and the rewards for our guts by investing and STAYING in this sector for the long haul.

The rig party is NOT far away. We will need to put in new highs all around and then some to get that treat...but the light is getting brighter.

I would like to thank all those here who have contributed to our success in holding the line and providing outstanding technical and fundamental research. Ron's charts, Big Dog's insight into the business, Baird's continued focus on value, and Thean's technical experience have taught all of us valuable lessons.

And to all who have allowed your mistakes to be shown to all...thanks. We will all grow RICHER from the contributions. (Few of us will forget Ron's timing blooper nor will we forget him NOT compounding that blooper by holding fast. He skillfully got back in at the right time and provided us with our thread's best quote; "This is better than sex!"...And Richard...shorting in an uptrend? An important lesson to be sure. Thanks for being honest with us. Your type of contribution adds a lot. Now, preserve that capital!)

We will have more bumps, but with Cramer bashing GLM, you know we're in a sector that is the right one.

We've got about 25-30 folks who have expressed an interest in our rig party. It's gonna happen. I'll make sure of it. What a HOOT!

Have a great weekend all.

<H>

P.S. Yes this is UPHORIA! Buy high...sell higher. It's called MO-MO.
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