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To: SliderOnTheBlack who wrote (62178)	3/15/2000 10:42:00 AM
From: BigBull	Respond to of 95453

You bet, looking to add some more, if the price is right. Am buying small chunks in laggards that I don't think have too much downside. Why can't I get OII to crash? <g>

To: SliderOnTheBlack who wrote (62178)	3/15/2000 11:13:00 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

I'm a little surprised we didn't get any sort of pop from the API's, but the spin is getting pretty strong before the OPEC meeting. Sold my small position in April 17.5 OXY's to be safe, but kept the May 15's, Aug 15's and Jan 17.5,20's. Raised a little cash by selling some trading issues. Using about 25% of margin here. There are some good buying ops today, but I already have positions in most of them. Don't know if the lack of volume is pre-OPEC jitters, Greenspan jitters, or everyone waiting with baited breath to see which way the Nasdaq goes the next couple days. Volume does seem to be light in most of the stocks I follow, non-oils alike. This and JohnQP's comments on margin usage make me a little more cautious. Actually the 9% figure you quoted was interesting but more interesting was the comment from CNBC that margin usage is up 85%+ from last year.