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


To: CommanderCricket who wrote (117746)2/13/2009 10:57:49 AM
From: Big Dog  Read Replies (1) | Respond to of 206172
 
The Dog has ESPN. : )

I became strictly a day trader of OIH options. But stepped out when the s*it started hittin the fan. Looking at getting back in now. (Since they have gone from 228 to 79-ish). I think some semblance of a "bottom" is in...or at least some bias to the upside with spates of down...sort of like a woman...unpredictable up or down on any given day, but generally positive in the longer run. Or did I get that backwards???

But everyone needs to keep a CLOSE eye on potential rig contract cancellations or rate adjustments...and rig speculators selling out rigs because they can't fund completion. This is an EXCELLENT time for cash rich funds to make incredible deals...if there is any such thing as cash rich.

I know a prominent "name" starting to put together a fund earmarked for buying NYC real estate. There will be /are incredible buys for quality, as always in such times.

big