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

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To: SliderOnTheBlack who wrote (42639)4/19/1999 2:37:00 PM
From: The Ox  Read Replies (1) of 95453
 
Hi Slider,
I'm not trading the patch at this time, although it's a great place to be doing just that today. I still think we are closer to the beginning of the move up and not even close to the end. Oil trading at $17.70 last I looked. Very good for the patch.

As I've stated earlier, I really think TCMS is a very good buy below $4/share. Stock traded around $28, 2 or 3 years ago. I have a 12-18 month target of $13.

For those who really don't want to trade and still make some money on the patch, I would consider HHLAF. I believe that this one should find it's way back to around $3/share. A great % gain from here....

As to day trading, I would stick with the big guys with the best liquidity. SLB, HAL, CAM, WFT, FLC, etc... From a position trade point of view, I would still be looking to the E+P plays....posted here last night.

good trading....let's be careful out there!
Michael
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