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Gold/Mining/Energy : Pride Petroleum Services (PDE) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Zeman who wrote (401)	3/13/1999 1:26:00 PM
From: DEER HUNTER	Read Replies (1) \| Respond to of 454

I'm thinking of strategy again. Everyone has a mental picture as to how this will play out. You are more bearish than I am. I bought the bottom or close to it after watching the price collapse for six months. So....I feel pretty good that my screen is all green at the moment. Now....this rally will have fits and starts through the 23rd no doubt. Will the traders sell into the news on or about the 23rd? I don't know....but if ones believes that scenario and still believes in the 'long' term prospects for the industry it would probably be prudent to start selling covered calls or short against the box at that time. Good luck to you. Thanks for the healthy skepticism...it helps me see all sides of the situation. I'll continue to post the better stuff as it comes along. DH