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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: D_I_R_T who wrote (9507)	7/13/1999 8:51:00 AM
From: Kevin Shea	Respond to of 57584

Michael.... RRC is holding at 6 along a longer term trendline from Feb...Weekly trend is up as is the overall trend in energies (which have taken a rest over the past few weeks).... thus overall pressure is up and one would expect RRC to continue to hold here..... BUT, this is the market and one cannot predict...(Except Rande of course <g>) Hope this helps... ......William?

To: D_I_R_T who wrote (9507)	7/13/1999 9:26:00 AM
From: Bucky Katt	Read Replies (2) \| Respond to of 57584

RE:RRC, we may see a pullback to the 5 area, but it would only be a deliberate shake-out. The list of "names" that own this stock is impressive, to say the least. My guess is that with the reserves they hold, they will be bought at some point. It is worth, in a good oil/natgas market 15-25. Also, remember when I said China will devalue? It is now in the news that it is coming. Argentina going to hell also. Uh oh......Big banks start taking gas real soon.