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To: Fun-da-Mental#1 who wrote (48086)7/16/1999 10:44:00 AM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
Daytrading can cause some short term spikes and dips so beware of fast rising price on no news or "Rumours". These days Daytraders wreak havoc on the market. The good news is Daytrader activity on Friday can benefit your portfolio. Just think how many Fridays has the OSX been down by the end of the day? Daytraders close out all positions by end of day on Friday if their worth their salt. This creates a buying opportunity for us snail traders to profit from the pseudo dips on Fridays.

Of Course JMHO

Articwarrior



To: Fun-da-Mental#1 who wrote (48086)7/16/1999 11:59:00 AM
From: double-plus-good  Read Replies (1) | Respond to of 95453
 
FDM --

will try again on Carlson. I was using the sidebar to the left which kept bringing up the news.

Looks like Tesco still has legs. Earnings were as expected. They have cut costs impressively and their tech program "casing drilling" is on track. The way the Canadian drillers are performing Tesco is bound for better performance. Hope you didn't get shaken out. I sold a little on the earnings runup but still hold 3/4 position.

RE: EEE -- i don't concern myself very much with earnings for enp stocks. cash flow is still positive though reduced from previous quarters. it is a company that will live or die by the bit. looks like a special situation to me. someone big wanted out of the stock and just kept selling. news on approval for drilling this week and indications that the seller is finished could be the impetus for a nice reversal. not for the faint of heart -- but so far it looks like i timed the falling knife pretty well. we'll see.

++good