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Non-Tech : Invest / LTD

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To: Thean who wrote (4375)10/17/1998 3:19:00 PM
From: SJS  Read Replies (2) of 14427
 
Thean,

I think I am asking the following:

Take GLM. When oil was at the high last year, GLM was oh....mid 30's(35 or so). I suspect that price was a combination of great forward looking fundamentals, AND MO-MO.

Now....assume oil goes back to $19/barrel. OSX gets in the low 100's or 110 tops. I don't think GLM will get to the high 20's with this scenerio, right?

So in order to get back to the high's some of these stocks have seen last year (RON at 80, etc) we'll need tremendous volume, sky-high dayrates and expensive (over $20/barrel) oil, right?

That would appear to NOT be in the cards unless there is some catastrophy in one or more countries or suppliers.

So then..........I think I've got to "grind it out". Guerilla trading tactics. A buy and hold (average down philsophy) might NOT be the best thing to do right now...

Regards,

PS: About your computer, you should get a system monitor running while you do things to note your resource usage. Norton Utilities 3.0 has some great tools for fixing up messed up machine. As well the reason I DIDN'T buy a DELL is because they load all kinds of crap on your machine. You can nuke the disk and start again, but that's a pain too.

I bought hardware from a local company, and it was spankin' clean. Just Win95 and the device drivers (tape drive, CD, graphics card, sound card, etc). I did EVERYTHING ELSE. I carefully loaded only the software I wanted from there. My brother and mother both have DELL and they are always asking me to fix all the problems they have...

Best of luck.
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