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

To: marc chatman who wrote (14900)	3/16/1998 1:03:00 PM
From: Lazlo Pierce	Respond to of 95453

OSX breaks below 100 @ 1:02 99.96 Dave

To: marc chatman who wrote (14900)	3/16/1998 1:08:00 PM
From: waverider	Read Replies (1) \| Respond to of 95453

Sweatin' it out in California with CDG, FGII, and NE. Cliffs has been holding above $35. Since this is the previous low and possible support point, I wouldn't be surprised if all those brokers who see tons of stop loss orders at 34 7/8ths push the stock below that to scoop up the bargains. It has happened many times before. What's the take out there of switching out of one oil position into another in order to let Uncle Sam eat some of the capital loss? We discussed this back in December and I think Thean was into the idea. Thoughts? Diamond H