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

To: SliderOnTheBlack who wrote (36611)	2/3/1999 11:57:00 AM
From: DavidG	Read Replies (1) \| Respond to of 95453

Slider, This is getting to be too too easy. I think I have to step back and take a deep breath.<g> I was so far behind last fall on my oil investments I was ready to back it in and go on a hiatus. Then suddenly I just started buying SLB calls on the double bottom and selling into the rallies and well the rest is history. My IRA has never looked so good and my regular trading account is just going bonkers. For me just buying a lot of SLB calls on dips and some RON and RIG calls to diversify and this is a true money making combination. Elaine Garzarelli said about 4 months ago that this is one of the few times to just buy options instead of equities and she was really right on. The leveraging for profits on each rally is phenomenal. I sure hope the rest on this thread can really see the turnaround in this sector and its potential for the next 6 months before it is too late. We are really at the point in oil that Semiconductors were at 5 months ago. Good Luck Trading DavidG