Bought Mcdermott Intl Inc (MDR - Oct 55 Calls)

As oil clearing $83 and Gold moving to uncharted territories, I felt like I close my long positions on MRO and APA too soon even GRP I did a day trade on that and made profit but I sold too early on all accounts. I guess my record is 10 out of 10 in closing too early and not profit from the large moves in the stock prices, well that said, I am much happier with my picks and the direction of my trades (I just don't know when to sell). MDR price/volume action is very encouraging and again MRO /APA could have been safer plays, but I wanted to catch one on a down day. I will be buying more oil/related stocks if they pull-back. MDR's recent uptrend signal was given by Point & Figure chart (Double top break out on Aug 24,07) when the stock was at $43 (closed $53.38 today).

UPDATE Sept 24th 07: SOLD Oct 55 Calls at $2.45 (buying price $1.40 on Sept 20th)