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

To: Paul Senior who wrote (99436)4/19/2008 9:19:57 AM
From: profile_14  Read Replies (2) | Respond to of 206085
 
But when you compare it to the others, it is more than double, and then when you look at the third graphic tables I posted Message 24512852 you can see the sequential decelleration in revenues and earnings. That is not a good thing. The Big Daddy is susceptible to a pullback IMO based on valuation. This could happen Monday or not at all until Q3, but it still is and when the market decides to sing that song, well....



To: Paul Senior who wrote (99436)4/20/2008 8:14:19 PM
From: cyesp  Respond to of 206085
 
Paul, SLB's shares in 2006 were 60-70, versus 100+ today, so relative to its price we might be a bit stretched. I own a lot of SLB from the last century. I think I will boost my covered call position from 25% to 40 or 50%.


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