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

To: Post_Patrol who wrote (62162)	3/15/2000 9:09:00 AM
From: BigBull	Respond to of 95453

Ok I looked at Thompsons; XOM, TX, CHV, SLB, SII, BJS, FST Not one supersell signal, in fact buying interest predominated, especially in services. Go figure.

To: Post_Patrol who wrote (62162)	3/15/2000 10:34:00 AM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

This is a great buying opp to re-purchase prior sales imo I sold down to 65% in - 35% cash; now I was able to buy back nice positions in HAL FLC PGO to add to my service driller side & UPR at $10 7/8's yesterday & today - which is a gift given it hitting all the major buy list, Barrons etc. Bought back some KMG TX P UCL MRO OXY - yesterday and adding some today - all of which are all core positions for me in my "margin a mini-major" play and that API net drawdown gave me the confidence to come in and do some more buying on weakness - PGO is the best buy in the OSX in months - other than HAL when it hit the low $30's, FLC down around $15 & DO at $28 were as well. Be patient here folks - no way we just take off like a rocket untill OPEC formally announces what they will do. This spin doctoring on the cheating + the increases leading to a crash in prices is ludicrous and is presenting a good buying opp. I am still only hitting & running on margin - ala` trades like BSNX's blow off here - and will be on PGO if it see's low $15-$14's etc. I'm back buing lots of RRC at $2 for a trader - this company has made the $2 to $5 run a couple of times and is in much, much, much, much better financial condition today than it was then & also - gas is near $3 not the $1.85 that it was when RRC rallied the last time - great small cap play here. Hold it for a double, or dump it on the first sign of early weakness on a rally for an easy 20%ish pop - choice is yours. I'm adding HAL on each and EVERY $ down here fwiw. This will be a core hold for me and is THE proxy on a price to value & risk vs reward basis for any play on Boom 2000.HAL is the smart conservative play,FLC is the homerun play and PGO the value play on the OSX here imo - those are my 3,4 & 5 hitters Bull (VBG) - did you nab some PGO ? I actually feel pretty comfy here - not buying crazy, but I'll be 100% today buying back core holders and with todays opps in PGO, buying more RRC, more BSNX etc. API's and Nat Gas prices are the confidence builders for me. Just bought some BHI & MRO - adding steadily on softness & pullbacks - nothing crazy; I am acutally buying 1/2 the size of my normal entry buys fwiw. I am really waiting for some "Elephant Hunting" blow off's - BSNX is my fav trader here $10-$16 is a chip shot and LT back to $20 - RRC if it goes to a new low etc. Maybe HAL, or BHI if they break down another couple of $, PGO at $13 ? - we will see one, or two of these yet...