TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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

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To: TATRADER who wrote (7700)	3/18/1999 8:03:00 AM
From: dealmakr	Read Replies (3) of 59879

Mornin Mark, Crude oil in big rally mode overnight, up .45 as of now. Can you say short covering. This last movement I believe has caught most by surprise. OPEC cuts have helped greatly. Bot some GPM yesterday as a position play @ 2 13/16, they are a wholesale and retail marketer on the east coast and I think that the spike in oil will help their margins, we shall see. A lot of bang left in the small players and if the E&P companies start to rethink their budgets with rising prices, the bottom may finaly be in for the sector. If PKD gaps hard out of the gate will exit. Gary Burton on the drillers thread has been using some E-wave analysis for the OSX and has been calling the move pretty good so far. mrci.com Good Trading Dave

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