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Non-Tech : Invest / LTD
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To: The Ox who wrote (6220)12/22/1998 7:31:00 PM
From: drsvelte  Read Replies (1) of 14427
 
Michael:

I have been trading in-and-out of the drillers. From a technical perspective, IMO we have nearly formed a quad-bottom. I think the downside is very limited (Hey, I've gained and lost 7 points on YHOO in an eyeblink!) although the upside may be slow in coming. In any event, I have bought and will hold a position in FLC, MRL, and RIG and will ad to RIG on weakness. I also day trade several K to pick up 3/16 here and there.
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