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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: double-plus-good who wrote (56505)	12/8/1999 5:28:00 PM
From: BigBull	Respond to of 95453

++ I'm using index options as they don't have individual company risk and are therefore less likely to be crushed in a short squeeze. My risk is also limited to 100% <g>! A spread of OEX puts will do fine, when the market tanks. Thats the only question to me now. How much time is left? So I'm going to spread them out over time <the expirations of cours> Of course, if I am fortunate enough to make good money I will be concentrating all most all my profits into OII. The dee wells in the gulf are going to get developed over the next 2 - 3 and OII OWNS the deep. Got OII? Don't leave the shallows without it. Also gonna try to get more HOFF and GLBL.