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


To: SliderOnTheBlack who wrote (64590)4/14/2000 12:05:00 PM
From: Winkman777  Read Replies (1) | Respond to of 95453
 
Looks like NAS/DOW is starting to drag us down. Reloaded some FLC. So far only a tech watcher. This may be a day to remember. Monday could be a lot worse is this continues. Weekend worries lead to scared sales.

TAKE CARE ALL. Winkman

PS: BigBull, you are in the cat bird seat. Congrats.



To: SliderOnTheBlack who wrote (64590)4/14/2000 12:44:00 PM
From: Think4Yourself  Respond to of 95453
 
Ah, I see why we are at odds now!

I took my profits in APA, BR, and other large caps recently, and moved the proceeds into mid cap EnP's. The large caps ARE somewhat fairly valued here IMO, but so are the large cap drillers. I feel this is due to the fact that the ANALysts have been updating large cap earnings regularly, while totally ignoring the research needed on the rest of the industry.

Today sucks! The stocks I really want to accumulate (VPI mostly) won't go down while the stocks I would be willing to trim to do it are down significantly! There MUST be someone foolish enough to sell/short VPI into the 18's here. It makes perfect sense to sell your winners to cover the losses on your losers! ;o)



To: SliderOnTheBlack who wrote (64590)4/14/2000 1:21:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
This could be one reason Shell is upping capex.

biz.yahoo.com