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To: Wowzer who wrote (49805)8/24/1999 3:45:00 PM
From: A. Geiche  Respond to of 95453
 
Good news: FED raised short-term interest rates 1/4% and gave no indication that more increases are in store. But, damn, what is wrong with OSX today?! Crude, gasoline, distillate - all are expected to be
down in API report, and yet the entire sector is depressed.



To: Wowzer who wrote (49805)8/24/1999 3:50:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
Rory, have commenced my buying program on KEG as of yesterday. Am loading up on this one between 4 and 5. KEG recently displayed a very bullish technical signal that I rarely see but intend to take advantage of.

The fabs starting to interest me as well on a technical basis.

CRK is looking real good here sub 5. Every day that passes brings CRK longs closer to Independence Day. TMR as well on any further weakness.



To: Wowzer who wrote (49805)8/24/1999 4:23:00 PM
From: IndioBlues  Respond to of 95453
 
Rory, as much as I enjoy trading CAM I'd be wary of it and most other OSX issues still. E&Ps look much safer to me. OSX is not displaying upward bias. Institutions may interpret today's Fed action as an "all clear" signal to move back into other sectors, using profits from OSX run.
I'm not saying this will happen, but it is plausible. fwiw

Long OEI, FLC, FGI, CRK, RRC, and KEG.

KEG January 5 calls are very enticing at 3/4.