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: Snowshoe who wrote (27002)	8/4/1998 1:03:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

RE: SHORTS ... Professional traders/hedge fund managers et al still have a finite amount of money and/or comfort level exposure %'s in being short. Wouldn't it be prudent to perhaps now cover short positions in the Oil sector and NOW short the S&P/DOW or selected big cap stocks or sectors ? Might we see some short covering; in just them exiting this sector and rotating on over to where they belong !? Timing is everything; and once again, I think the cards are playing out very favorably here... ...and yes a ''180'' here would be better than a ''360'' <VBG>

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