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

To: SliderOnTheBlack who wrote (35646)	1/22/1999 1:16:00 PM
From: Platter	Respond to of 95453

Oil continue to recover now at $12.41, OSX down .21,

To: SliderOnTheBlack who wrote (35646)	1/22/1999 4:25:00 PM
From: DavidG	Respond to of 95453

Slider, I got rid of all of my SLB calls today(SLBEJs) since it had a nice three day run, but kept all my RON calls still waiting for higher prices. I wanted to stay in as much oil as I can for the next few days so I started buying some RIG calls(RIGEFs) since RIG underperformed today. What do you think of RIG here? Is it smart to get in RIG with it at 28 1/2 or are there other OSs at better prices? I only buy into larger cap companies with somewhat predictable earnings like SLB, RON, HAL, etc to minimize risk while trading OPTIONS which can be very risky...BUT very rewarding... but they are starting to get pricey here that is why I liked RIG today, Your comments? DavidG