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: Redman who wrote (31217)	10/28/1998 11:51:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

Redman; no reason to sell anything at these prices if holding longterm. The ''only'' reason to even remotely consider selling here is if you are an active ''trader.'' - & I wouldn't recommend that to anyone .<VBG>. If you own GFI, MAVK, or FGII anywhere near these current price levels - I would sit back and enjoy... I can see FGII conservatively at $24 even in a relatively moderate Crude enviroment by this spring...just ''my'' opinion. For most people; I wouldn't be selling here, but I would buy a little at $15ish and then again @ $12 ish and then again @ $10ish if we ever see those levels again. "Trading'' and investing are horses of a different color... I swear my New Years Resolution will be to only make 1-2- buy entries a year into the market blowoffs; having a "Watch List'' of Stocks and "Target Prices"... trying to have the patience of Buffet....sitting and waiting like a Cat for a mouse... One has to make his own calls here; we are still historically very cheap - look at the buying support with crude in a soft enviroment...

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