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: drsvelte who wrote (22310)	5/19/1998 7:24:00 AM
From: marc chatman	Read Replies (1) of 95453

<<Mark Zinn, a trader at Charter Capital in Ft. Lauderdale, Fla., says he made a bundle Monday shorting several major oil service names, such as Dresser Industries (DI:NYSE), Weatherford Enterra (WII:NYSE), Smith International (SII:NYSE) and Schlumberger (SLB:NYSE).>> Interesting that two of the four -- DI, WII -- are essentially arbitrage plays. 007: EVI is one of my favorites. I sold a week ago when it got that nice rebound. It's nearing its first support, so I may be looking to get back in soon.

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