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

To: Starlight who wrote (26680)	7/29/1998 12:07:00 AM
From: Don Westermeyer	Respond to of 95453

Insiders are buying - according to 'Money Daily': -- from tonights mail. moneydaily.com Among the sectors that stand out as showing decent improvement are energy stocks, especially the oil drillers. Global Marine (NYSE: GLM) is particularly strong, says Painchaud. David Cuneo of Vickers Weekly Insider sees strength in Real Estate Investment Trusts, land development, real estate and diversified utilities. Coleman says medical services companies are showing some solid buying.

To: Starlight who wrote (26680)	7/29/1998 8:20:00 AM
From: marc chatman	Read Replies (2) \| Respond to of 95453

No thanks. I don't need a tax loss, and doubling up my risk (if only for 31 days) in this downtrend doesn't seem like the best idea for me. Also, if I thought the slump would continue, I wouldn't be buying calls with 2 months to expiration? If I was confident the slump would continue, I'd be looking for calls to write (of course, there probably isn't much premium in the calls these days).

To: Starlight who wrote (26680)	7/29/1998 9:51:00 AM
From: wolfdog2	Read Replies (2) \| Respond to of 95453

Betty, the problem with doubling up before a stock has made a bottom, is that you could easily end up with losses on your new positions as well as your old positions. Another tactic that one could use, is to sell the shares in the original company and buy shares of a comparable company. For example, if one had a loss in EVI, sale of EVI and purchase of RON might be a good switch. Again, it is best done after the stock to be purchased has made a bottom.