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


To: ViperChick Secret Agent 006.9 who wrote (18360)4/7/1998 3:03:00 PM
From: MARK BARGER  Read Replies (2) | Respond to of 95453
 
Wow, anybody noticed EVI's chart the last couple of days. Straight down without coming up for a breath of air once. A perfect 45 degree angle for 2 days. Wonder where she'll level out? Still holding NE and FGII (looking great today, wonder why?).

Mark



To: ViperChick Secret Agent 006.9 who wrote (18360)4/7/1998 3:25:00 PM
From: bw  Respond to of 95453
 
As for getting out of ESV [@ 26 1/4]...No Regrets. Those of us who have traded this sector [and others] long enough know that taking losses is just part of the game. Will it go back to over what I sold it for? Of course..But one of the [few] beauties of this sector is the option of switching into any one of many comparable stocks in order to ride any future MO back up. Still not willing to short these fundamentally strong companies, knowing that the tide can also turn on a dime with these stocks and catch one "hanging by his/her shorts". <g>
As I posted about 17,000 posts ago...The action of the oil service stocks reminds me of the version of Proud Mary by Ike & Tina..where they start out slow..but then Tina proclaims, "We never do ANYTHING nice & easy" !!



To: ViperChick Secret Agent 006.9 who wrote (18360)4/7/1998 4:08:00 PM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
OT What do you expect them to say "folks are locking in some losses now!"? <eom>