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


To: upanddown who wrote (43495)4/29/1999 12:10:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Right On John Clark - CDG would be the talk of the town here...

if FLC had not gobbled them up. Not to mention that FLC rules the shallow water barge drilling sector as well... FLC is the only lagger from the initial Sept blowoff - virtually everyone else if 50% higher....

Hard to really cheer a lot of stocks here who are hovering at the same place they've been a couple of weeks ago, or as in RIG's case bounced off/ from the $30-35 range into the mid $20's about 8 times.... I think I'm gonna cheer for it to hit $26 again (VBG); I just can't muster the public excitement for 'ole FGI being where it was at weeks ago...now when it breaks that resistance at $18 and moves overnight to $30 - I'll lead the cheer (VBG) ! - anyone have some pom-poms you can loan me (VBG) ?

PS- anyone else hearing any rumors on UFAB trying to steal the Petronius contract from GIFI (VBG) ? - is this why UFAB is so strong today ? I thought GIFI had allready started cutting steel ? - who knows.... Hey, personally; I don't believe all those internet rumors - regardless from who they come from .... isn't Yahoo something ?

PS - wonder how much money Rainwater made on his Crude Futures trading on this spike. I hear those radio hypes on futures contracts.... a .05 cent move in gasoline will return $5,000 on a $5,000 initial investment which controls $100,000 of gasoline....etc. Rainwater probably made enough money to buy all of FLC hmmmm ?

Ahmed;

<< If you do not like to see profits eroding, even temporarily for a few hours/days/weeks, then have a portion as core holding and a portion to trade. >>

... I agree 110 % ! - no reason to close out entire positions...