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To: SliderOnTheBlack who wrote (56472)	12/8/1999 3:00:00 PM
From: Think4Yourself	Respond to of 95453

Looks like traders saw through the API/DOE reporting scam. Oil only down 7 cents. Or perhaps they were in on it...

To: SliderOnTheBlack who wrote (56472)	12/8/1999 3:05:00 PM
From: Winkman777	Read Replies (1) \| Respond to of 95453

What a day! I am exhausted from the last few days. Finished tax sell/buy exchanges and bought quality today - HAL. And got a tiny bit more into margin. I think I'll take a shower and shave, maybe even a nap. It was no fun being margined on the drop. Hopefully we will see a sustained rally. Take care all. Winkman

To: SliderOnTheBlack who wrote (56472)	12/8/1999 3:07:00 PM
From: ItsAllCyclical	Respond to of 95453

Slider, very good comments and words of caution (The coin flip comment was quite appropriate/funny). For me it's easier than most to get on and off margin at $7 at trade. If I were using a full brokerage I wouldn't consider it. As for going on margin I'm only going partially back on until I see more confirmation (Today's close and a follow up rally tomorrow). I think this will be good for a tradable bounce if nothing else. Remember we're 30 day's past the last big drop in the XOI. Sooner or later it's going to participate in a big way imho.