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To: jim_p who wrote (61825)3/8/2000 5:40:00 PM
From: seadust  Read Replies (2) | Respond to of 95453
 
Jim ....... More news on OXY......

Would appreciate your take on this.

streetadvisor.com

TIA,
WK

PS..I doubled down on calls this AM



To: jim_p who wrote (61825)3/8/2000 7:00:00 PM
From: Harold S.  Respond to of 95453
 
Yes, I bought some OSX stocks today. I added to my MDR position slightly under 9 and bought back the large FLC position I sold two days ago at 18 1/4 for 17 today. FLC is a Rocket that has a lot of room to run!



To: jim_p who wrote (61825)3/8/2000 7:07:00 PM
From: Winkman777  Read Replies (2) | Respond to of 95453
 
Jim, I bought back some FLC that I sold yesterday, but overall have sold remainder of trading positions (OSS and E&P) yesterday and today. I "forgot" about my FSESX in Rollover IRA, and did not sell any yesterday as I normally have done on surges. FSESX took a 7.4% hit today. I'm 44% cash here. Looking at a few "old economy" stocks seemingly "on sale".

Good luck. Winkman



To: jim_p who wrote (61825)3/8/2000 9:40:00 PM
From: Archie Meeties  Respond to of 95453
 
No, but I was very tempted to get back in.

Instead, I sold my remaining E&P in the final hours with the exception of T.BKP, PYR, T.GNY, SEV - those on the brink of exploration success. Didn't short anything, was tempted to do that as well. I even let go of "money pump" MEXP after trading that bad boy up and down Mississippi.

But it's all a momentary diversion, B2K won't go away. That said, if one needed to fill a big position you'd use the selloff for volume or perform a panic-inducing short to really flesh out some shares.

But if crude mysteriously rallies it will be hard not to raise limits on the land drillers. More likely I'll get filled on the E&P's who haven't moved. Of those mentioned here, I'm keen on RGO. It's a stock I wouldn't mind having tomorrow even if crude got smashed back to $20 dollars by the end of March.

Speaking of which, it would make excellent sense if OPEC reversed their previous long position and shorted crude this morning as word got out about unity in production increases. They'll keep us guessing about increases until crude is mistakenly beaten down and there is little reason to change production significantly.

Happy trading.