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 (2873)	9/5/1998 8:42:00 PM
From: dealmakr	Read Replies (1) of 59879

Mark, Good moves in the oil services area last week from Weds-Fri. A buck pop in the oil futures was a good jump start. For reference on oil futures prices; mrci.com Played CDG,MRL,PKD,FGII,MAVK,ESV,EVI,RIG and VRC. CDG&FLC in merger. 1.7 FLC shares for 1 share CDG. CDG traded at a discount for most of the week and is still at @ 5/8 discount to merger price. If you trade CDG it pays to watch how FLC is moving and sometimes it falls out of whack for a while to a deeper than normal discount of premium. Opportunity can be made of this if you are quick. You have to love the sector for the volatility. Lots of size buying in the sector also. Any thoughts on the OSX index itself? I find myself quickly taking profits or losses because of general market conditions and am flat for the weekend. Would like to commit some long term, but need confirmation of bottoming. Good Trading Dave

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