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

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To: Gary Burton who wrote (43570)4/30/1999 9:30:00 AM
From: The Ox  Read Replies (2) of 95453
 
Thanks for the ewave update.

I think those who have traded out of their favorite OS stocks in the last couple of days have completely missed what's going on. Oil is over $18.50 a barrel. I strongly suggest folks load up 5 or 6 of their favorite OS stocks on simultaneous chart windows and flip back and forth between them. There is a pretty consistent pattern forming in many, if not most, of the stocks in this sector.

A couple of days ago I posted that I was more bullish then ever and since then, our resident "you must take your profits" types have missed out on a very significant % gain on portions of their previous holdings. Those of us who have held through these last few days have seen our portfolios sky rocket.

I can't believe this thread hasn't even bothered to discuss the APA deal with Shell. This 700+ million dollar deal is worth more then the combined market caps of all the stocks Slider is pushing lately: FEN CLB HMAR MEXP BEXP. Instead of discussing important issues that have a great affect on this sector and sharing insight on how the street will view a deal such as this, we find this thread is cluttered with another waste of bandwidth Slider feud.

In the mean time, some of us are watching our net worth soar. I am looking for a serious reversal before closing out any of my trading positions. So far, we haven't even come close to my signal for selling.

Best regards gang....keep your eye on the ball, as the saying goes!

JMO,
Michael
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