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: The Ox who wrote (43831)	5/4/1999 2:11:00 AM
From: upanddown	Read Replies (1) of 95453

Michael Yes, I did exit FGI about 10 days ago and wish I hadn't. I've actually had 3 round trips in FGI since last fall with nice returns. I usually got it in the 11-13 area but I certainly don't expect that again. Anything under 16 would be acceptable. I would probably just wait for a retracement and a positive MACD breakout. Still have VRC RIG PGO PZE FLC TCMS and trying to figure out to play the current run. A retracement of maybe 10% would appear likely after we run to maybe 85. If we run again tomorrow, I may set some tight stops and if I'am taken out, look to quickly re-enter in the 76-78 range. The sector needs a short rest period. That is really a great site. Thanks a lot. OT Did you look at RIMM that Steve and Thean liked ? Looks promising...they have a dog-and-pony show in NYC tomorrow on some new alliance. Message 9295837 Best, John

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