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


To: Broken_Clock who wrote (8109)1/14/1998 7:01:00 PM
From: The Perfect Hedge  Respond to of 95453
 
I'm in EVI calls since SEPT and believe it or not so far I'm up which is a miracle since the stock has lost 50% of it's value.I bought May 75's for 7 3/4 when the stock was at 70!I have since averaged down on those and bought alot as low as 1/2!I've got over a hundred contracts that's why I'm sweating so bad.Got quite a few Feb's too.
The chart looks good.C'mon 50!GD



To: Broken_Clock who wrote (8109)1/14/1998 7:06:00 PM
From: The Perfect Hedge  Respond to of 95453
 
I asked this cat if he is getting back into the oil service stocks.He blanketed the sector with puts about a month ago.Just something to keep everybody here levelheaded:
exchange2000.com
GD



To: Broken_Clock who wrote (8109)1/14/1998 7:18:00 PM
From: The Perfect Hedge  Read Replies (3) | Respond to of 95453
 
Looking at EVI's chart we are at a critical point with the linear regression line.If we can just bust up tomorrow and finish higher than today's close it looks like we may have room to run and top recent highs.Also,rsi is almost at that magic 50 which is considered a textbook buy.We're right there like you said but I'd be happier if we were higher.Take a gander Dave:
iqc.com
GD