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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (9635)3/20/2002 10:07:57 AM
From: russwinter  Read Replies (1) | Respond to of 36161
 
I agree with the trend as espoused by Linder. However, I'm not as positive on the demand side as he is. Also the drill rig count needs to be watched. If it spikes (don't really think it will at least quickly, OSX is overextended) back over 900, my enthusiasm will be tempered.
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Also the stocks have had good runs, so I've taken a few bucks (20%)off the energy table, selling some of the larger caps over the last two days: Fid. Select Energy (15% gain), CED (40% gain), and half of PCX and BR (30% and 20% gain respectively). I'm holding everything else from my Dec/Jan buy list.



To: Frank Pembleton who wrote (9635)3/20/2002 9:02:18 PM
From: Yogizuna  Read Replies (1) | Respond to of 36161
 
NG is trying to hold on to rising trend line support now, so if it breaks it, I would take profits in the related stocks....