TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (2227)	8/7/1998 8:12:00 AM
From: dealmakr	Read Replies (1) of 59879

Mark, I don't know how big a bounce we get in the OSX sector, but a lot of these stocks were oversold. Tensions in Iraq and other places will lend some support to crude prices IMO and possibly have some covering of the futures, but overhead supply definatly a large problem. Am playing close to the vest here. If general market weakens again could see another selloff and retest of lows. Volitility on this sector makes for some good daytrading opportunity, but probability of rapid movements in price either way is high. Also TAVA heading down again with support at 5 1/4, don't know if its a good play but will be watching. Dave

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