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

To: Second_Titan who wrote (83455)	1/4/2001 12:34:58 PM
From: SliderOnTheBlack	Respond to of 95453

OSX 114, land drillers (NG plays) down - 10% - whodathunkit ? .... ohhhh the humanity ~ Lessons learned : Sell steadilly into any & all up "legs" late cycle; especially when mo-mo money arrives. Anyone with more than a 50% position left in any OSX stock on that move thru OSX 120-125 off the sub 100 bounce - shame, shame, shame. Personally, I'd dump any & all E&P Nat Gas positons - entirelly; but for anyone with more than a 30-50% position left in "any" Nat Gas E&P.... bend over & grab both ankles ~ & repeat the following: ... "Thank you Sir - May I have another" ~ Ciao ~ PS: remember; a true cyclical investor must make money in both directions.... time to shelve the emotions here and be coldly logical. This is mid-cycle rollover & late cycle rotation strategy time... any & all "legs" up are profit taking events - period. Think like those Institutional Holders who control your destiny & stock prices here.... keyword "THINK" - don't wave pom poms....

To: Second_Titan who wrote (83455)	1/4/2001 12:37:39 PM
From: Wowzer	Respond to of 95453

PTEN 29 1/2? I will take some of that. TDW in the 40's oh yeah.....

To: Second_Titan who wrote (83455)	1/4/2001 1:10:50 PM
From: isopatch	Read Replies (1) \| Respond to of 95453

OT/007. It's all a learning process. My old mentor used to say: "I'm making mistakes every day". Have found that to be an attitude that takes a lot of pressure off you. When you do goof you get over it quicker and focus on the next trade without a lot of negativity that only serves to fog up the windshield(g). And as pros go, he was one of the best I've ever worked with. Arrogant as hell, till he approached the tape. Then all the hubris would evaporate. Knew how to cut losses quickly and let his profits run when the rallies were there to support him. If not, he'd scalp. More of a long than a short player. But otherwise, a man for all markets. Isopatch