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


To: RGinPG who wrote (31660)11/10/1998 12:55:00 PM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
Ron, are you holding through API numbers tonight? I think crude is probably up a little today on a technical bounce and short covering in advance of the API report.

Of course, good API numbers won't get ARCO to announce spending increases.

(I suppose most of the money exiting drillers this morning went to E-Bay and some of the other quality issues. I guess it has to go somewhere.)



To: RGinPG who wrote (31660)11/10/1998 1:05:00 PM
From: Lucretius  Read Replies (1) | Respond to of 95453
 
ah.... I'm not after 2 week gains... if I was I'd buy EBAY and ride the wave.

L-T, the drillers are not as good to short as others IMO, that's all I said. Is there a problem w/ that? What's all the fuss? You shorted 'em (I shorted NE). great? We both made a little money. I just think others will fall more than NE, but I want to use my NE short profits to turn and buy at the bottom. If I'm wrong... great. It doesn't change the fact that SOB made the wrong call AGAIN. (not that I'm always right) but I try and be nice about it either way. SOB's behavior is childish and as it turns out wrong again. connection between those two characteristics?????