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


To: The Perfect Hedge who wrote (7748)1/12/1998 8:18:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
GD,
You must be done with dinner. Yes, I will be selling the rallies.I don't have a huge nest egg to play with.My strategy is simple. Accumulate capital thru "astute" option plays then roll over into precios metal stocks and options.They are where the drillers were three years ago. Now the only thing I have to do is learn what "astute" means!<g>

Yes, I will be selling the rallies and riding puts back down.It's kind of like riding a bike.It hurts the first few times you try it...

At this present time, I think we've turned the corner.Don't have any idea how many days up we'll go(if we do!) but thru next week wouild be nice.These stocks have been shorted so badly that the swings are wild.
Dave