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To: Gary Burton who wrote (46939)6/25/1999 3:13:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Complements on a nice trade. Bullish macd divergences on the 60 and 10 minute charts should take FLC back up, but it may need to take one more ride down to satisfy the daily charts.

Just my opinion.



To: Gary Burton who wrote (46939)6/25/1999 4:15:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
I modestly increased my FSESX position today.



To: Gary Burton who wrote (46939)6/25/1999 7:53:00 PM
From: BigBull  Read Replies (2) | Respond to of 95453
 
GB buying FLC? Well, if that don't beat all! I'm not buying this dip. Next one yes. Way to many stocks breaking down below 50 dma, leadership stocks too - not good. About the only thing I see that can pull the OSX's fat from the fire now, is a really great API number. Right now I view this as an intermediate reaction, in a primary Bull market. I don't like riding out intermediate reactions. I will probably raise more cash on any rally - next few daysish. Not 100% cash by any means, more like 40 stock 60 cash and OSX puts. Got a real good idea of where I want to reposition the portfolio. Hint - it ain't deep water.

Are the waves still pointing to $16 oil?