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

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To: Bucky Katt who wrote (28283)8/25/1998 11:06:00 AM
From: SliderOnTheBlack  Read Replies (4) of 95453
 
Dare I ask; Is anyone buying anything ?

...for the .02 cents it's worth - I am.

FGII under $13 - will trade at $14+ - $15 it will bounce once again - all most free money in this $2 trading range; 1000-2000 shares @ 3-4 trades of $1 1/2-$2 profit builds cash for long term buys.

Long term buys - CXIPY is a blue light special today, FLC looking good (FLC/CDG will be one of the great surprises - mark it !) and my number #1 buy SCSWF near $10 is a steal - unequivocably a complete & total bargain - it is Intnl. diversified - ultra-deepwater/high tech oriented, has had analyst earnings earnings upgrades in the face of this downturn, rated Zacks #1 & various strong buys etc - this is the ''poster child'' for the baby being thrown out with the bath water...

Still not time to buy nilly/willy accross the board ( you hear me Diamond H ? did someone call you a ''twerp'' ? - something about - if the shoe fits...) - YET!

But, great individual bargains are out there for long term or trading...imho.

RIG @ $27-8 is interesting off any dips below that...for quick trading profits or long term hold.

The International events unfolding will lead to some interesting times in the oilpatch - imho; buckle up - it's going to get verrrry interesting.
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