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: SliderOnTheBlack who wrote (31192)	10/27/1998 9:37:00 PM
From: upanddown	Read Replies (2) of 95453

Slider anyone who got caught short here; can no longer - ever again; comment on anyone buying the dips last June I was trying to short RON and RIG around 3 PM today but never got my up-tick. I would be at least a point ahead on each if I had gotten it. This sector has gotten a bit ahead of itself and the general market is looking tired. Some retracement is likely and playing the short side is fine with me. When we bottom, (let me know <ggg>) I'll go long again. Now that you have become the teensy-weeniest bearish on this sector, please pass on the rose-colored glasses to Gameboy. He actually thinks that the API numbers tonight are a positive.<ggg> I have to interpret them along with the crude prices, the frothy market and OPEC statements as short-term negatives. John

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