Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (34625)	11/30/1998 2:17:00 PM
From: bearshark	Read Replies (1) of 94695

Hi Jim: My targets on the oil service sector are very low. For example, I consider VRC a buy between $2 and $5; HAL a buy between $15 to $18; etc. I posted the note to give a realistic view of these stocks' potential. Even after further slaughter, they may sit at the bottom for quite some time. My targets are very low but realistic. I waited for VRC when it was in the $30s with a target of $7. I was fortunate and picked it up at $5 5/8. I sold it back to investors who thought the bottom had come and plan to buy it back from them when the true bottom comes. Of course, I will give it back to them when the time comes. Here is the note you responded to. www3.techstocks.com I have not done any analysis for a position yet because it is too early. However, I think 8900 should be a support level. I will make sure before I take any position. Here are some gems for everyone. quote.yahoo.com Now those are really nice. <g>

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