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To: SargeK who wrote (39972)	3/15/1999 10:36:00 AM
From: Jon Cave	Read Replies (1) \| Respond to of 95453

I hope some buyers show up quickly. I am bleeding like a pig this morning. I think that when SLB and HAL sell off, the entire sector drops. I think that SLB and HAL make up the most of the OSX index and when it drops fast the whole darn sector sells off. Should have bought puts on SLB when it was above 58 for a hedge play.

To: SargeK who wrote (39972)	3/15/1999 10:42:00 AM
From: Think4Yourself	Read Replies (3) \| Respond to of 95453

I agree it looks like a shakeout. hard down moves on small volume in the first half hour, followed by the sheep exiting. Good! If I sell I will have tax problems. Since I am nowhere near a margin call, and since EVERYBODY agrees prices will be substantially higher in a year, think I'll go for the one year hold. A tripling of my investment is virtually guaranteed, and a quadruple is not unlikely. Where else in this market can I do that?? The problem is fighting the urge to trade. It is addictive and, for me, unprofitable.