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To: BigBull who wrote (43166)	4/24/1999 9:35:00 AM
From: Razorbak	Read Replies (1) \| Respond to of 95453

Message from Pork Chop Hill You can keep the falcon for a while as a memento. One of your former infantry chaps loaned it to me on the way up. Seemed like a decent fella while he lasted. ;^) Stonewall

To: BigBull who wrote (43166)	4/24/1999 12:43:00 PM
From: DavidG	Respond to of 95453

BigBull, I agree with your comments completely. I just started trading the OS's last summer. Prior to that I was mostly a technology trader. I learned enough from some good posters here to start actively trading a few like RDC, GLM, RIG, CAM, GLBL, HAL and SLB. Now the stock that I have been most successful with is by far SLB. This is not b/c it is the best valued stock or the most volatile stock, or has the most upside... but rather b/c it appears to be well followed and traded by the big guys. So when we see the OSX trade up SLB goes up proportionate and at times exaggerated and likewise when it goes down. Now if you are trading equities this can give you decent profits but not maybe as great as some of the smaller OS's....BUT...when you trade OPTIONS...the 3-5 point moves on the equity consistently gives you 1 1/2 -3 point moves on the OPTIONS!...AND you have the ability to leverage 2X, 3X...5X or more You can not easily do this with the lower priced equities like FLC, RDC, GLBL, PGO etc etc etc. The risk of trading OPTIONS may be somewhat higher but, in an oversold market, IMO it is minimal. ELAINE Garzarelli suggested back in October that this was one of the few times she would recommend Options over equities and that is when I started. So if you see a somewhat volatile sector with an upward bias displaying a 5 point move one or more times each and every week CALL options may be the most lucrative and profitable plays right now. All I can say is it is really working for me and really suspect that the professional option players are absolutely raking in the money right now. SLB is by far my favorite pick b/c of its predictability but HAL would also do just as well. I tend to be a little superstitious and so I found changing or evening splitting my positions when one is doing so well doesn't work for me. Just thought I'd share, since the thread has given me so much. Good Luck Trading DavidG