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

To: Crimson Ghost who wrote (30915)	10/19/1998 10:49:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

I think so, George. SII, ESV and the GLM news all point to deteriorating fundamentals near term(2-3 quaters out). Dogged One has a straight scoop to the inside boys. I'm thinking of some HAL puts for the near term. Thw VIX indicator is sliding towards the bullish complacency readings and that usually means a correction is ahead. It closed about 31 today but had been in the 40s recently. It hit 16+ on July 20. JPM notched a 3 point gain today despite missing earnings badly. Irrational exuberance?

To: Crimson Ghost who wrote (30915)	10/20/1998 10:11:00 AM
From: RGinPG	Respond to of 95453

Chances are good that you will be able to buy back cheaper, that is if you time it right. I got 26 new sell signals (out of 45 drilling & service stocks I follow) with the trading system designed to get you out early in a falling market. This system gives a sell signal while the trend is still strongly up and the stochastics are still rising. I imagine after today I'll get a lot more sell signals with this system. I'm not selling yet though. I'm sticking with the Later Sell system that waits until the stochastics turn downward (and the stock price levels off a little). I might sell some if one of my holdings (FGII, RIG, GLBL, or CXIPY) goes way up today (I hope). Otherwise I'm hanging in there until I get confirmation that this up-cycle is over. Regardless, we have 4 trading days at the most left in this up cycle. osxstocks.com