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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 (84654)	1/18/2001 3:14:34 PM
From: cnyndwllr	Respond to of 95453

Jim p. Not with the amount I have in now. I'm just trying to figure it out for later. Thanks, it's good to know your opinion on this. Ed

To: jim_p who wrote (84654)	1/18/2001 3:23:21 PM
From: JHR	Read Replies (2) \| Respond to of 95453

Jim P did you unload SMOP yet?

To: jim_p who wrote (84654)	1/18/2001 3:52:24 PM
From: JungleInvestor	Respond to of 95453

Took advantage of the down day in the Patch and up day in tech to rotate a little. Sold a large part of February calls on my favorite tech (SBLU) and bought August 20 VPI calls and June 22 1/2 FLC calls. Got lucky in buying the SBLU calls at the end of December for my largest gain ever (700%) - but unfortunately it does not offset my even larger SEV losses (still maintain my position in belief/hope? of big gains this year). Buying longer term calls in the Oilpatch when it falls significantly has been a very successful strategy for me. Other call positions currently held are May 5 FGH calls and May 10 PGO calls, which were bought in December. Figure these late bloomers will have taken off by May due to increased 2001 capital expenditures.