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: diana g who wrote (31657)	11/10/1998 11:29:00 PM
From: SliderOnTheBlack	Read Replies (1) of 95453

diana g' well said.... & enough said. Even his neighbors on LTD began to politely suggested he stifle his continual backtracking and doubletalk.Had to be a Margin Call -Short Crushed - Maniac Depression <VBG> . Luc; I was down 1.13% today; I don't own the OSX index ! Also; what ''call'' did I make; the one where I took profits in 2-3 waves, the one where I went to 35%+ cash; the one where I said it was a ''traders'' market; or the fact that I love buying the laggards here at the bottoms with a very enthusiastic longterm sentiment ? Contrast my ''calls'' with your ''fringe'' ecentricity of screaming ''Sell Now - before it's too late'' - are you serious ? I think you need a shrink, seriously. Do you read ''anything'' before you post ? Go back and read the companies I suggested buying and when I targeted them; VTS RRC FGII CXIPY DRQ CDIS SCSWF ... I think the point that made a lasting impression; was Loquacious T's call for - ''sell now, before its too late'' - a classic Chicken Little yelling "Fire'' in a Theatre call. Later he had the audacity (or just memory lapse) to post something about ''anyone who sets a time or price is selling something''....ie: ''his'' down 50-80%(being OSX 14 !) & sell now.... at one time I found him somewhat entertaining and he seemed to have a clue; no longer... I just wonder what ''he's'' selling... I don't see down 80% or anywhere near it; in fact OSX up 28.25% since the end of August... for those at least partially in cash or those who have been bottom fishing; ie: PKD TCMS HLX OMNI not much pain... Most people here have a solid cash position and or have taken profits here. I can only hope for another round of $12 FGII & $22 RON etc,,,These capital spending cuts were hardly a surprise. Another Fed Cut will restart this back in the other direction. Just good trading opportunities. Anyone notice the NOESIS charts of late; actually not bad at all... When the case of the ''missing oil'' and the conflicting report numbers are resolved ; it may be very surprising where Crude Prices end up. Add in a little conflict in Iraq ? A classic Buy the Dip opportunity into the face an OPEC meeting & a very strong possibility of another Fed Cut ; this is a gift. PS Anyone else wonder how the tech sector can be so strong; which at least partially has to be a result of lessened fears of a continued weak Asian demand; but yet the Oilpatch is ''overbought'' ? at these levels - because of ''its'' nearterm increasing positive demand expectations for crude oil & prices? Being 35% cash gives the ability to bottom fish; I'd wait - this could continue, but not to OSX 14 like LT's down 80% call <VBG>...

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