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Non-Tech : Invest / LTD

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To: Lucretius who wrote (6504)1/12/1999 1:54:00 PM
From: Thean  Read Replies (2) of 14427
 
LT - I like your mindless thoughts about the US market!

Shorted SDC today. Don't know if the drillers have hit the near term top but with days like today and the cold relief in sight, together with crude oil price backing off, rig count keep dropping, SD board went over-exuberant, I want to take up a short position on the drillers. RIG dropped off hard. SDC and ATW have had quite a run, so I shorted one of them here.
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