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

To: Bazmataz who wrote (15491)	3/19/1998 12:05:00 PM
From: Lazlo Pierce	Respond to of 95453

Guys I know its almost an anethema (sp?), but if you're watching these closely. we are allowed to short them on the pullbacks. Sold my longs and shorted SLB, Fgii after the open. Will cover today Dave

To: Bazmataz who wrote (15491)	3/19/1998 12:14:00 PM
From: HH	Respond to of 95453

I am buying more on this morning weakness. I still think we'll see 10- 15% more on the up side. Of course, I reserve the right to be wrong. HH

To: Bazmataz who wrote (15491)	3/19/1998 12:21:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

Baz... Good call IMO. SLB broke 70 and is selling off even with oil up.Looks like we're dropping again until OPEC resolution. The trading range we've been in seems to be deteriorating...at least for SLB. That stock has been getting hammered. A review of the chart shows a distressing pattern of lower highs and lower lows...a divergence from the osx. It seems the deep drillers have been the mainstays of the sector. i realize the drillers are not the main weighting in the osx so it seems strange that the osx has been making higher highs while slb has not... Anybody figure that one out? PK