To: SliderOnTheBlack who wrote (50314 ) 9/2/1999 8:29:00 PM From: Roebear Read Replies (1) | Respond to of 95453
Slider, Rather lucky than good indeed and RRC was not a bad place to be, I am glad I wasn't in MEXP. While I did buy some of that a couple months ago I could never see the strength in the charts for it. Pennies make me nervous and any stock under 4 bucks is a penny to me. BTW I can easily see the TA AND logic behind your change of mind, yet sometimes the tape speaks louder than both... With NG making a Perot like sucking sound to the south I sold some RRC shares bought for 4 3/4 at 5 1/4. I will be joining you getting in again around 5 or lower, its just that I thought it would stall today and retrace. If I miss a run up, which does not seem imminent this week (next week different story), no problem, I still have plenty RRC shares. Its not that I want the 1/2 so bad, though I will always trade for it if I see it there like a silver dollar on the sidewalk, but I had a little play to do in another sector dear to my trading heart. The price pressure put on by the drop in oil and NG prices today was a match for much negative sentiment played in the papers/news. I believe someone is trying to put up a firewall to keep energy prices contained a bit. RRC held up rather well as did a number of other OSX stocks. We will see shortly which way this divergence between OSX and oil/NG prices goes. O/T Seeing you burned in effigy, so to speak, on MEXP and RRC boards has educated me fully to the risks of posting on Yahoo. Methinks I will not venture to cast any pearls amongst the Yahoo "swine" again, "lest they turn and rend you" . No insult to all the good posters there, but the biblical analogy holds true, from your example I am through with posting on Yahoo. I just can't see the profit in doing it. Best Regards, Roebear