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To: SliderOnTheBlack who wrote (31462)	11/4/1998 1:22:00 PM
From: marc chatman	Read Replies (2) \| Respond to of 95453

Been selling out into the rally. I'm holding very few OS positions. I still like my favorites for longer term -- RIG, FGII (especially), RON, WFT, VRC and SLB. If I've learned one lesson, it's that there is never only one chance to get into the market. I won't chase here (OS or anything). If I don't get a decent opportunity to get back into the sector, something else will come along. As for shorts, I don't like shorting stocks with extremely small floats which can be more easily manipulated.