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To: SliderOnTheBlack who wrote (27344)	8/7/1998 5:13:00 PM
From: pz	Respond to of 95453

Slider, <<<I have sinned today (shorting the patch -well it ''was'' GLM afterall) I shall not again.>>> You are forgiven my son.....ggg. Paul

To: SliderOnTheBlack who wrote (27344)	8/7/1998 5:21:00 PM
From: The Ox	Respond to of 95453

A great day in the patch, Slider. It's wonderful to see the bleeding stop with a flurry! With respect to your questioning why ESV, MDCO, EVI (et al) did better today then CXIPY or RIG, I think it's simply a matter of the discounts offered by the former group. Yesterday, ESV closed 73% below it's 52 week high. MDCO was 70% lower and EVI was 67% lower. CXIPY was only down 43% and RIG 42% off of it's 52 week highs. Bargain hunters were scooping up the down trodden! BTW, glad to see your BDI back over 5. Good luck. Have a great weekend! Michael

To: SliderOnTheBlack who wrote (27344)	8/7/1998 9:32:00 PM
From: Snewts	Respond to of 95453

Oil service up two days in a row, for no good reason. I'm in! I covered a couple shorts today, and jumped in with everything I have(and it ain't much anymore). Bought VRC, RIG, OMNI(thanks Slider), CDG, FLC and BDI in addition to smaller positions in RDC, NE, ESV, and UTI. I may do a little fine tuning, but I'm hoping to be able to hold for a while. This trading is driving me nuts.