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

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To: TATRADER who wrote (2955)9/9/1998 6:50:00 PM
From: dealmakr   Read Replies (2) of 59879
 
Mark,

Tough trading in the oil patch. Currently long;

RIG@ 30 1/4
FGII @ 14 3/8
MRL @ 9 5/8

Timing is bad having to be away from the puter, but still looking at a lot of size buying lately in the sector except MRL saw a 150k sell@9.
FLC/CDG premium merger premium at -1 3/8. FGII announced share repurchase today, but couldn't rally. Oil futures up after hours. SPX down.

mrci.com

Good Trading

Dave
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