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


To: jim_p who wrote (70921)8/15/2000 12:06:04 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
More on tight supplies (from Bloomberg)

quote.bloomberg.com



To: jim_p who wrote (70921)8/15/2000 1:34:15 PM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
Jim, we differ here a bit. I have been doing some selling this week. The runup of the last few weeks has been very fast and I am not willing to hang all those profits on the API numbers. On the flip side I have been almost totally invested in producers for the past 6 months and wanted to diversify a bit more. Also transitioning to longer term holdings (3-5 years) due to achieving my investment goals.

Suspect we will move hard tomorrow but we won't know in which direction until tonight.

Got lucky on my August calls. Was able to sell all of them for a very nice profit this past week. Probably won't do that again. The time frame (5 weeks) is just too short for my comfort. Still have all the others.

You like any of the drillers? FLC is the only one I see that still has dramatic upside potential AND is fairly certin to realize that potential in the next year.