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: Linkdog who wrote (43756)	5/3/1999 10:37:00 AM
From: SliderOnTheBlack	Read Replies (2) of 95453

<<What happened? - after opening weaker the OSX is moving up >> ...Shorts leaned heavy into the open - got their ounce of flesh; but no pounds today. When SLB reversed from a 10:1 ask/bid imbalance = cover time. A $1 nic' - but not a bleeder day.... it will come. The short move is only playable on a momenteum basis - it is suicidal to institute a cold position; but SLB HAL SII CAM will be downside mo-mo chip shots soon enough...$2-3 rides as easy as pie... Lets see if OSX 78 continues to be a ceiling here... Anyone else selling OMNI today (VBG) ? emerged from it's sub $3 5/8ths coma - gone..... on a low volume ''pop'' - sold. Can re-buy cheaper again.... CRK offering a re-entry; RRC too s t r o n g ... go gas !

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