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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: diana g who wrote (38957)3/5/1999 9:33:00 AM
From: SliderOnTheBlack  Read Replies (3) of 95453
 
Well what is the VTS consensus today ? new lows ?

I saw some large ask imbalances yesterday the few times I checked.

I don't think the selling here is over; I think there is pretty good buying support - but think that the buyers may step aside here and let this fall on its own momenteum. Untill we see 200,00 share days - I wouldn't think it's done ?

Maybe a piece here $8 7/8-3/4ish just to own some sub $9. Gary - now after chastising me ,<VBG> on my RIG VTS cost basis; how did YOU - Mr. E Wave get that $11+ figure <VBG>....

I think I'm going for 40% of my funds allocated to VTS right here at $8 3/4-7/8ths - set a limit at $8 1/16th for 25%; and another limit at $7 for the remaining 35% as a good till cancel order...

fwiw: I love FGI back in the $10's again, PGO back to the $11's and God willing the $10's; Still like trading PDE FLC and love the GLBL $5-$7 game. RON is also finally coming back to earth...

Contrarian alert - Maria Bartiromo on CNBC is talking up the OSX pre-open - Watch it sell off at 10 a.m. - those floor traders that have CNBC's ear are NOT doing us any favors. Maybe the last big ''Profit Taking'' opp at the open ?
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