Nabors Industries Ltd. Message Board

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  • buycheapstocks buycheapstocks • Nov 30, 2006 3:58 PM Flag

    Congrats everyone !

    hi dj,

    I was thinking what happened to u. was hoping that u are celebrating with couple of blondes since gold keeps going higher.

    I was burned once with home builders and will not try again. it seems with bad news they go up. exactly opposite drillers.

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    • djczing djczing • Nov 30, 2006 4:08 PM Flag

      Yup - gold is grand !

      And with the homebuilders playin em to stay relatively flat has been a 75% probability trade the last couple times.

      Same thing this time... but ... I may be hittin the other 25%.

      When I put the position on yesterday at 52 and today its at my upper limit at 56 (upper limit at expiration -- as of today its actually quite the loser if I sold now. Break-even price at exp. though).. .well anyway... someone waited til I got the 4-legged beast in play, then upgraded the group. Why in heck cant oil get an upgrade if these homebuilders can ??

      Ahh well. The game rolls on.

      • 1 Reply to djczing
      • david_b47 david_b47 • Nov 30, 2006 5:02 PM Flag

        Congrats to you to DJ . I got stopped out today while I was at work (worried about it going down agian...) mostly cash here too now...what to do ,what to do...Oh yeah gotta go visit the Doc. and enjoy steps one and two. Thanks for all the insites as of late ...maybee Gold? that dollar falling is scary...Later Dave

 
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