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

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To: TATRADER who wrote (3038)9/14/1998 9:47:00 PM
From: Dan Lisman  Read Replies (1) of 59879
 
Mark, So far so good, looks like you got your predicted initial repel on XOI at 440. Waiting patiently (give me patience NOW) for your 2 day close above 440. Even if it takes a while (after hours oil futures down .04 at the moment), that's okay. Our AKSEF is rapidly closing the TLM arbitrage gap. Just got my Arakis shareholder voting form today, I will mail it out tomorrow.
If you are looking for another oil play with some arbitrage advantage, CDG is selling at a small discount to takeover bid of FLC * 1.7 shares. Actually, CDG looks cheap even without arbitrage discount. Of course, this assumes oil is going higher. Even cheap will get cheaper if sector goes against us.
Since I am talking of arbitrage (my new "safe easy money" tactic) RII is buying XC for $10.70 cash (not stock swap) in January. 11% in 4 months is nothing to sneeze at (for me).
Dan
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