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: Crimson Ghost who wrote (43145)	4/23/1999 4:49:00 PM
From: Gary Burton	Read Replies (2) of 95453

George- I agree with you--I'm still hanging on for the moment, holding only 4 stocks for a 37% equity/63% cash weighting overall---The 37% is made up of 13% PGO and 8% each in IO,EEX and a software stock JDAS---My EW tealeaves tell me that next week PGO will get into the 17's at least, IO who knows anymore, EEX is iffy at the moment (no volume) but downside is only to 6, I think, and JDAS has eps out next week and CEO and 10% owner has recently (early Mar) been buying 300,000+ more in advance and the stock's is now 82% down from its 52wk hi (hmmmm)...... My EW stethescope on the OSX is that it is still in a 4, and should print a 6-8 pt wave 5 up next week. It might dip to 69-70 first, but I'm still hanging in like the proverbial 'pig' telling myself that my EW tealeaves are right (vvbg)...I was very impressed with the action in PGO today in a down osx market..overall my portfolio rose $122 on the day, wow!

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