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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (52846)	11/2/2005 7:24:46 PM
From: falconflingagain	Respond to of 206201

I also took profits today, on too heavy oil sands position. You may now safely assume it will rocket up (SU). I wanted to take profits on my remaining NBR calls for Jan., but didn't get where I was trying to go. OK so now I've locked in profits oh wise ones...but this market will drive you crazy. I've "locked" them in before, only to see meteoric rises as soon as I thought the market would go down. I am now about 35% cash. If we get another 3-4% day Thurs. or Fri., I'll be in a quandary about "locking" in more. Does anyone on the board use options at all? The leverage is unbelievable. For example RIG Jan. '06 (RIGAK), has recently been down and up the ladder twice with returns of about 25~35% (each time) in about a two week period.