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

To: RealMuLan who wrote (39603)	3/11/1999 10:51:00 AM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

CNBC just reported sources in Amsterdam say OPEC planning for 1.5-2 mil bbl in cuts.

To: RealMuLan who wrote (39603)	3/11/1999 10:56:00 AM
From: Jon Cave	Read Replies (1) \| Respond to of 95453

If you short, make sure you close by the end of the day. Do you realize how important the news was about the gov oil supply/demand being wrong. That is huge. Just huge. In my opinion, this may hot be a rally to sell into unless you move money from higher priced energy stocks into lower priced energy stocks. This looks like the real turn around.

To: RealMuLan who wrote (39603)	3/11/1999 11:24:00 AM
From: SargeK	Read Replies (3) \| Respond to of 95453

Profit Taking and Shorts Zhang: "<<Looks like the party is over for the easy gains. Some major profit taking underway.>> I already took my profit, and now short." There is some modest profit taking, as expected and some minor dips as expected. If you are shorting in this environment, I really question your sanity.. Nothing wrong with trading "small" portions and realigning a portfolio during the volatility; but, selling short while major production cuts are being considered, I consider less than rational. Good luck anyway! SargeK