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: Robert Floyd who wrote (31409)	11/3/1998 1:21:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

Sorry Robert - had to take some profits on TCMS ! ...<VBG>; actually - I will hold to $10-12 & perhaps take a little profit and then let the rest run as this still young company grows... I'll buy more from any dips here of 15-20% etc. This is a great buy here with so little downside. I'd love to buy on a dip here - I've got confidence in TCMS again. To clarify my prior post; I am not disagreeing with RGinPG shorterm; we are obviously seeing some profit taking today and perhaps this will peak thursday - a good buy ona dip day perhaps; as I think many shorts will cover on friday going into a weekend with Iraq's situation and the possibility of further OPEC news... I think a 8-15% retracement here is healthy; don't see us giving up all of our gains unless Clinton leaves office. Don't buy today - wait for some nice dips... or buy the laggards that are still under their Sept highs and never made/participated in the big moves- HLX again is a good example imho. Buy the big one day over-done selloffs. We will see them, but again; I think we will base and build upward on the high expectations of better fundamentals soon; and primarially off of a big inflow of cash that is still coming... The ''key'' is - cheap Oilpatch Stocks and good fundamentals - don't simultaneously exist; one has to decide sometime to participate , to buy in; I think the worst is behind us.

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