Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Razorbak who wrote (82924)	12/29/2000 10:02:49 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

<Slider: I'm confused. Do you think Q is making this "max margin" stuff up? > ...Nahh ~ that surely wouldn't be obvious by now.... I completely believe that his thread disappearances during the last 4 major Oilpatch blow offs (3 of which he max margined directly into) - that soon there after conveniently turned into "vacations" - covering his lack of candor, or "live-time" response as to if he was holding, or folding in the heat of battle (VBG) were complete coincidences (roflmao)~ However; rumor has it: Richard Rainwater has offered "Q's" Travel Agent $1 Million Cash for privy to his future travel/vacation plans (VBG)...since they have become the ultimate Oilpatch selloff indicator. Actually; I'm determined to "turn over a new leaf" as one of my New Year's Resolutions... so I'm trying to get all the "return bites" to the ankle-biting chihuahua's & Bull$h!^ Artists on the thread out of my system before year end. PS: - that was a much nicer & more politically correct way to get someone to "own up" on their SMOP-Pinocchioism by the way ;) - sometime all the thread needs is a little gentle prodding to bring the "fish stories" back down to earth - like asking ..."who's profit taking here ?" - saying we don't want to hear all the usual Monday Morning QBing - after the fact comments after we retrace like ... "glad I sold that pop" - days/weeks later. But, other times; it needs to be hit over the head. ...watch all the "ass-covering" commentary that we'll soon see...this thread is comical sometimes. But; glad to see some "Ka-Chinging" out there...hope most of it is "real" (VBG). Imo; look at the E&P's that got run up the most... not the large cap - large float/high volume stocks, the majors really did move much, the integrateds either; but the BRR & TMBR's that can be "worked" - really adding a nice little year end return pop for some portfolio managers. I may do some "initial" shorting today if we see a few "poppers" in E&P land; or preferably early next week off of this coming Noreaster Storm hitting this weekend on "wall street" - as I think we'll see some quick profit taking in the 2001 tax year in the next couple of weeks in Jan off of these stocks that just popped here as some of them were just blatant "tape painting/window dressing". But; I think we still have a remaining final "speculative" blow off top leg; most likely off of a potential complete melt-down in California; or a little later Winter Weather related Nat Gas Price spike (hopefully in mid/late Feb into Q4 record earnings reporting) - that is my primary "watch target" ideal timeframe... that's when I want to make a significant short-sided trade against the NG Pureplay E&P's here. That day is coming... they can run (up) - but they can not hide... Many Co's here are near, or have hit that 10-12 x cfps multiple valuation "ceiling" at a historic positive confluence of events & unsustainable Nat Gas Prices. If that isn't profit taking & a shorting opp as we move into what will be the 2 quarters of "alltime" E&P Earnings that may not be repeated for years.... there will never be one... I'm not being a "Grinch" - call it an "Ephiphany" (VBG) - that after eating, breathing & sleeping the Oilpatch 24/7 for the last 3 years; this Cyclical Sector owes me money & profits in BOTH directions... why should one merely play the Oilpatch every couple of years on the cyclical upside ? - there is as much money made and made more quickly on the rollover downside to the cycles as well...I want it in both directions & I'll get it.