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


To: SliderOnTheBlack who wrote (67577)6/5/2000 11:11:00 AM
From: Roebear  Read Replies (1) | Respond to of 95453
 
Slider,
I'm looking for some sweet spots for buying OSX. Probably rotate some short term golden profits. Heck of a fight going on in spot market around 283-284 level, which was important resistance and now, for now, support.

I would have preferred OSX to get to minor support at 108-109, but it looks like it will not dip that far.

Anybody have a read on how OPEC basket average is doing?

Edit, just had a look at the 5 min charts, am holding off for now, sweet spots coming up maybe...

Best Regards,

Roebear



To: SliderOnTheBlack who wrote (67577)6/5/2000 12:18:00 PM
From: Ryan Mak  Read Replies (1) | Respond to of 95453
 
BJS ... anyone adding here or should I wait a bit? Tx



To: SliderOnTheBlack who wrote (67577)6/5/2000 1:46:00 PM
From: Jane4IceCream  Respond to of 95453
 
Added more FLC shares.....

My boat is LOADED with FLC.

Jane



To: SliderOnTheBlack who wrote (67577)6/5/2000 3:48:00 PM
From: Jon Cave  Respond to of 95453
 
If you think OSX 100 will hold, and it should, I quess its time to start buying oils/EnP's again. Especially the drillers and oil service companies. There the ones whose earnings could skyrocket the next three months. I still like to take my chances with a stock like EEX. Kind of under most instutions radar, but could start getting some institutional support shortly.

I don't think FLC could drop below 18 with $25 + oil. NO way. And oil is still above 29. It has to be the best buy for a hold here. What is really sad though, if the Nasdaq makes another 200+ point run, we could see continued selling and perhaps get some really good prices on some OSX stocks.