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To: SliderOnTheBlack who wrote (48667)7/30/1999 5:39:00 PM
From: Gary Burton  Read Replies (1) | Respond to of 95453
 
Slider-Frankly, I wouldn't have bought RRC at 5.50 yesterday if I hadn't seen your notes.Looks good for 7.375 s.t. Many thanks... I'm looking at HSE at the moment,but with today's selloff I'm trying to decide if it's going to do a double ZZ down to say 12ish with yesterday's spike to 15 the hook from which to start the last dip below the recent low. 60/40 odds of 'yes' imo. There is also a large downtrend line coming in at 16 going back to the 1993 high btw. So, maybe it has to regroup and dip some more before being able to break through??.



To: SliderOnTheBlack who wrote (48667)7/30/1999 7:47:00 PM
From: victorw  Respond to of 95453
 
Slider -- Thank you. I've been lurking, but I've been listening.

Got Miller at 2, the 2nd time you blew that horn, and got rrc at 4, didn't sell at 7, and doubled up a few days ago at 5 1/2.

My only profitable trades in the patch so far.

Have a great weekend.

Teardown



To: SliderOnTheBlack who wrote (48667)7/30/1999 8:20:00 PM
From: Otimer  Respond to of 95453
 
Slider, Would you agree with this assement-Natural Gas ($2.54 basis the September contract) is experiencing extreme volatility trading aggressively higher having now surpassed our secondary objective of $2.42. A near-term objective of $2.72 has been satisfied. Some consolidation is anticipated from current levels. Pending consolidation at current levels, additional potential is seen to $2.80. Near-term support is seen at $2.54 and then $2.42. Near term, we now look for a $2.42 - $2.72 range. The intermediate trend has improved dramatically with potential now existing for a move to $3.12. The long-term trend has turned up with potential existing to $3.80.