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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Flan who wrote (5721)	12/19/1997 3:00:00 PM
From: Bob DeNuto	Respond to of 95453

Hi Flan, Long time lurker, first time poster here. No, you are not alone. My margin account is down BIG time (NE, FGII, EVI). Had to sell EVI at a loss to prevent a margin call. Only personally investing a small amount so trying to get maximum benefit through margin. Now I am feeling the other edge of the profit/loss sword.

To: Flan who wrote (5721)	12/19/1997 3:15:00 PM
From: Timelord	Read Replies (2) \| Respond to of 95453

Flan: I was smart and nimble and sold before the first two drops in October & November, cut losses as the false rallies after that began to turn red, then bought in several weeks ago and decided to stop trading in and out and "draw a line in the sand"... Now buried in a sandstorm... Long GW, PTEN, RIG, DO, and FLC. Fortunately, I keep margin to a minimum, but my drilling profits for the year would vaporize if I sold at this point. Our bodies will be floating side by side next to the Golden Gate. Alex

To: Flan who wrote (5721)	12/19/1997 3:27:00 PM
From: High Plains Drifter	Read Replies (2) \| Respond to of 95453

Re: Lets have a show of hands. I with ya brother, holding NE, GW, and GLM which I picked up yesterday thinking it was a good buy in. But I do believe this is the sector for "98", fundamentally and mentally speaking. What some brokerage house going bankrupt in Southeast Asia has to do with the dayrates on a drilling platform in the Gulf or North Sea, I wish someone would explain to me because there ain't nothing wrong with our investments as far as I can tell. Any connections? Joe

To: Flan who wrote (5721)	12/19/1997 6:24:00 PM
From: debra vogt	Read Replies (1) \| Respond to of 95453

So happy to hear from someone else who owns TESOF. I am overweighted in this sector because everything I read and learn keeps telling me to be overweight in this sector. People are panicing and selling anything they have profit in. After this shakes out, we still have an overweighting in a sector that will be one of the few sectors to meet and beat earnings est. in 1998. Other investors will start to figure that out, they are just a little slower than us!

To: Flan who wrote (5721)	12/19/1997 6:50:00 PM
From: JGreg	Read Replies (1) \| Respond to of 95453

Flan, I'm in the same boat with you.

To: Flan who wrote (5721)	12/22/1997 7:30:00 PM
From: JHR	Read Replies (2) \| Respond to of 95453

UGH!!!! I JUST GOT BACK INTO TOWN AFTER LEAVING YA'LL IN CHARGE SINCE FRIDAY NOON. LAST TIME I DO THAT. DONT FEEL BAD, I'VE LOST 55% OF MY PROFITS FROM MID OCTOBER TILL NOW. THOSE ARE ALL OF THE PAPER VARIETY. I'VE SWAPPED SO MANY POSITIONS IN THE LAST WEEK TO EASE MY TAX BURDEN THAT I DONT EVEN KNOW WHAT THE HELL I OWN AT THIS MOMENT UNTIL THRE CONFIRMATION STATEMENTS COME IN. LT, GET BACK ON THIS THREAD. THE HELL WITH THE MONDAY MORNING QUARTEBACKS. EVERYBODY THAT HAS THE NERVE TO STATE A POSITION IS GOING TO BE WRONG EVENTUALLY. REMEMBER THAT SCNAME PERSON. HE GOT WAXED AND ACTUALLY IF WE HAD LISTENED , HE WAS RIGHT AT THE TIME. SO WHAT. BY THE WAY MERRY CHRISTMAS TO ALL ON THE BEST THREAD AROUND. AND DONT FORGET ITS JUST MONEY. I HAD A TALK WITH MY WIFE LAST WEEK AND TOLD HER WE HAD TO CUT BACK ON SOME OF THE NON-ESSTIAL SPENDING. SHE INFORMED ME THAT EVERYTHING SHE SPENT WAS ESSENTIAL AND I SHOULD FIGURE OUT A WAY TO MAKE MORE MONEY.