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 (36998)	2/7/1999 8:33:00 PM
From: Gary Burton	Read Replies (1) of 95453

Slider-Currently, I am approx 22% invested in OSX and 78% in cash. At my max i would probably go 50% in OSX--I was up to 40% in late Dec and sold all in early-mid jan near their peaks then bought back some lower than when I bought them in the first place. At the moment my Max Allocation to OSX (ie the 50% weighting) is about 55% cash and 45% in approx equal weightings in VTS and PDE. I would like to reacquire PGO, maybe FLC (although i already have 1 debt heavy type), RDC or GLM. I flipped out of FGI at a profit on fri. At the moment-I use that phrase a lot-I think the odds favour me being able to buy FLC near 6.25, GLM near 7.25, RDC near 8.25 and PGO near 12 or maybe at a slight new low (to catch up with downside momentum in VTS). I would not really be surprised if VTS continued to ratchet down towards 10, not that it would deserve to be there. My sense also is that FGI needs a rest for a bit and it would not really shock me if it now printed 9.75 although I am not expecting it to. ---RIG/RON/WFT are too high in my view---all this may change by 9.35am tuesday though!

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