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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Terry Whitman who wrote (33705)4/4/2002 12:05:25 PM
From: isopatch  Read Replies (1) of 52237
 
Terry. Similar read in oil service

Longer term, still bullish on the sector. But, we're clearly moving into at least a ST corrective phase after a huge run.

Took ST gain in TESOF yesterday and sold the trading portion of KEG after opg this morning. Neither were great fills. But OK for government work.

Proceeds plus $$ generated selling the one large long call positon for a moderate gain, a few days ago, (after sweating out a month under water) bumps up cash reserves sufficiently to take full advantage of any good buys that develop.

Isopatch
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