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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (16952)10/12/1999 6:36:00 PM
From: Ditchdigger  Read Replies (3) of 29382
 
Sergio, I think the selling in GLBL was especially severe,,starting after the merger announcement..But many forget, this merger/acq. will make GLBL the big boy in their area-construction services.I think the market is unsure as to the terms,ie. dilution.
biz.yahoo.com
As for crude,was oversold as well, and should continue to rebound IMO,especially after todays API #'s...Winter price speculation is out there....DD
quote.bloomberg.com
quote.bloomberg.com
Even the manipulating media, can't the ignore a 7mm barrel drawdown this week in crude,,could be do to the price of brent being so close to the price of NY crude..doesn't pay to export to the US
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