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: E. Graphs who wrote (31380)	11/5/1998 6:58:00 PM
From: DavidG	Read Replies (1) of 95453

E I sold all my SLBAK's at the end of the day today. I hope I made the right move. Oil still seems to be dropping so I didn't feel too comfortable holding them after a nice move today. cbs.marketwatch.com 207.95.154.130 I had also bought a bunch near the low of 3 3/4 today so I had too many with the weekend coming up...then sold them all at 4 1/2 - 4 5/8 near the high. My bet is that there is heavy selling near end of the day on Friday and of course I will be there again scooping them up. I was so busy with these calls today that I generated more than half the volume today due to my trades.:-) I have been doing this for the past two weeks. I guess I will stop the moment I get burned which is probably inevitable and probably soon.<vbg> Good Luck Trading DavidG

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