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

To: thomas hayden who wrote (38448)	2/27/1999 3:10:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

o/t thomas hayden VTS... <<Slider, I see where VTS ventured to your first Buy target of 9 7/8's, were you able to buy some? >> Nope; RIG's blowoff made me pee down my leg and I lowered all my limits down a notch <VBG> - sitting @ $ 8 7/8ths on VTS - loaded at $10-12's - so I'm sitting there and won't add unless it is a significant difference to where I own it... I'm a little high on VTS pricewise (down 20-25%), but absolutely love it short & longterm ! Heavy into RIG (unfortunately @ $22-25 - allthough this aint a bad place to own RIG imho) loaded on FGI in the $10's - my ''best'' position imho, lots of PGO at $11's. Bought a subastantial piece of PDE @ $5 after an intial entry at $5 1/2 and own FLC hi $5-$6 3/16ths for trade/speculation. A ''little'' powder still dry - wish I had bought less RIG and had more $ for VTS here; but hey - if someone told me when RIG had traded to the $30's for the 3rd-4th time of late, that I could own RIG at an avg cost of $23-4 - I'd sign on the bottom line... I did... Nailed RON on about 5-6 trades and sold near the perfect top - was a huge position for me; out of RON now - as I loaded up on RIG as it became cheaper than RON ! - go figure ? - now RON is holding better than RIG; sometimes you just have to ''trust'' what you believe; I ''KNOW" RIG is worth more than RON and will ''trade my plan'' accordingly. I ''aint'' selling my RIG cheap... fwiw; go back and look at the biggest spike/returns at these bottoms of the past 4 months. Some of the micro-cap 2nd tier companies were huge movers. I like stocks like IIR , GIFI, UFAB, DRQ, CDIS, OII, NOI on ''any''big blowoffs from here... hoping to ''nail'' some PDE upside movement monday - will take ''some'' prioft/sell PDE and perhaps rotate into more VTS if it's still lagging - I love VTS ! - a rock of a balance sheet, invested bigtime into new technology and acquisitions - maybe; the very best management moves at this ''bottom'' of ANY Oilpatch company imho ! Did I say - ''I love VTS" <VBG> ....again - ''It's the Caffeine/Espresso'' - Stupid...<VBG> Ps - also; got some GLBL @ $5 1/16ths - love it's $5-$7 trade potential...