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

To: isopatch who wrote (27898)	2/10/2003 2:21:27 PM
From: Frank Pembleton	Read Replies (1) \| Respond to of 36161

Isopatch... I stopped myself out of that one on Thursday-- I'm still waiting for that panic drop in the markets so any of the "don't worry be happy" positions I had are now gone. I also sold most of my PGM plays on Friday too-- leaving myself with just North American Palladium simply because their isn't the market depth for me to escape. For kicks... I reloaded my favorite steel company from Hamilton Ontario - Stelco (STE.A-TSX) looking kinda of bottom-esque here this morning and I also added Impact Energy (IEY-TSX) my first gasser since before Christmas. Regards, Frank P.

To: isopatch who wrote (27898)	2/10/2003 2:29:55 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 36161

Re: RRI. If I didn't have a position already I'd be a net buyer not a net seller at these levels. For those who bought purely for a trade above 4, sure a stop loss should have been used. For those who are buying 2+ years out the fundamental story has not changed. Most of the traders I tracked that picked up RRI sub 2 sold in the high 2's low to mid 3's. Have seen very few trade it successfully multiple times during this recent run. That's why the bulk of my shares are LTBH.