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To: Lucretius who wrote (1067)	7/15/1998 11:05:00 AM
From: bw	Respond to of 14427

This guy has definitely been "sliding on the black stuff", and must be in distress with his long-term driller holdings. If I was holding UTI @ $18, etc, etc, I'd be blithering also! <gg> Did make some nice bucks trading DO & EVI this morning. Will play the intraday swings for some profits, and maintain caution...With the well-earned paranoia around the patch, don't expect to see things go straight up. There will be profit taking and dips occurring along any upward momentum trends after this recent carnage in the sector...

To: Lucretius who wrote (1067)	7/15/1998 11:06:00 AM
From: Thean	Read Replies (2) \| Respond to of 14427

LT - I am shocked to see how people wanted to pick on you for you probably had saved quite a few permabull souls in the drillers. This is a shame. Drillers - the follow through materializes again and if things can keep up towards late afternoon, I expect more shorts to cover and this thing can really bounce. I would be setting a stop sell at that time.

To: Lucretius who wrote (1067)	7/15/1998 11:25:00 AM
From: Alias Shrugged	Read Replies (2) \| Respond to of 14427

Now calm down LT. Hey, the guy is a genius - he's been right two days in a row!!!!!<G> Jerks aren't happy being correct - they have to be obnoxious about it. Oh well, Mr. Market will smack the cockiness out of him as it does to all cocky investors. Slider - if you are reading this, please nerve down; you are truly being obnoxious. Anyway, Dow 8600 is much too optimistic! Thean, will this little driller pop last until Friday? I need to sell some calls on my MDCO and maybe VRC. I expect CPQ, HD and GTW to drop into friday due to options expiration. At that point, I will load up on calls on HD and CPQ (I have mucho August Puts on HD and CPQ). GTW has gotten away from me, unless it drops one hell of a lot by friday, like down to 56). Keep up the good work guys and gals. This market is most entertaining!! Mike