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


To: chowder who wrote (63938)4/6/2000 9:49:00 AM
From: SliderOnTheBlack  Respond to of 95453
 
dabum; yes leveraged buying opps exceeded the nearterm upside for RRC imo.

When I sell and take profits, I often park the cash in a "bottomed" small cap - did so with RRC & RGO of late, RGO ran very well, RRC has wobbled - unloaded both and bought & leveraged some nice buying opps in PGO RIG FLC BSNX mainly...

Bottomline; time & date stamp it - the pullback is over: time to buy...
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<<Subject: Strictly: Drilling and oil-field services

Reply #63886, Date: Apr 5 2000 3:07PM

Put a fork in it - it's over imho... BJS SLB turning up $2 here... ... >>

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Saw nice block buys on the tape and "heard" the professional shorts (hedge funds) were clearing out of positions - they made a good trade. Hedge funds basically "hear" that Institution's are taking profits (big blocks being shopped - lots of selling) and lean heavilly into these shakeout-re traces; the short selling hedge funds do us all some good by shaking out the market a bit. Imo - its over and we begin the next leg to OSX 135ish...

Lets get rrrrrrrrrrrrrrrrreeeeeaaaaaaddyyyyyy to rrrrruuuuuuuummmmmmmmmmbbbbllllle ~

I'm so sure its over - I'm setting limits & stops and taking a 4 day weekend trip - leaving in a few hours - good trading & good luck... I'll wait for the FGH conference call before I leave.... someone down Tyler Tx way - be sure to check on SargeK; his wife removed all sharp objects from the Airstream last night and the entire Trailer Park is on Full Alert (VBG)~



To: chowder who wrote (63938)4/10/2000 8:17:00 AM
From: chowder  Read Replies (1) | Respond to of 95453
 
Leaders and Laggards......

Here is a list of the laggards during the last 100 days:

The worst 5 performers in the Oil and Gas Operations sector,

VENZ - Venus Exploration - down 57%
SHI - Shanghai Petrochemicals - down 50%
JCC - Jilin Chemical - down 47%
PGEI - Petroglyph Energy - down 44%
CHAR - Chaparral Resources - down 43%

siliconinvestor.com
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The next worst 5 performers,

RRC - Range Resources - down 42%
SPPTY - Southern Pac Petrol - down 40%
UXP - US Exploration - down 37%
EPEX - Edge Petroleum - down 36%
VEI - Vista Energy Resources - down 34%

siliconinvestor.com

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The 6 worst performers in the Oil Well Services and Equipment sector,

TCMS - Transcoastal Marine Svcs - down 57%
PAA - Plains All American Pipeline - down 14%
BTJ - Bolt Technology - down 10%
THX - Houston Exploration - down 9%
TDW - Tidewater - down 9%
LHP - Lake Head Pipe Line - down 8%

siliconinvestor.com

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The leaders! The ones that got away?

ENBC - Energy Biosystems - UP 605%
TCFFX - Tracer Petroleum - UP 304%
TNT - A.O. Tatneft ADS - UP 203%
PDR - Pendarvis Petroleum - UP 200%
IFNY - Infinity Inc. - UP 198%
SYNM - Syntroleum Corp - UP 178%
POCC - Penn Octane - UP 134%

siliconinvestor.com

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Perhaps there's a gem or two in the batch above.

dabum