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To: RBlatch who wrote (52256)10/1/1999 11:13:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
<<. I, too, have little faith in a rally for RRC at this point in time.>>

Patience; or in this case - the lack thereof; will allow me to buy RRC one more time $4 3/16ths - $4 1/2 before this really takes off; because all you guys got impatient - expecting, nearly demanding the "big pop" here off the JV news...

Now; I and many of us expected the "pop" leading up to the announcement... we got a mini one ($5ish) then a retrace... this is a "dance" with the shorts and the institutions... ie: BSNX, PXD, OEI - the institutions "are" exercising patience "and" a wait & see mode - to "our" reactions... they are being smart; "you" guys are panicing out of impatience.. dumping your shares - and as you throw in the towel - the Institutions rush in snap them up (along with me (VBG) and you guys miss the boat...

BE PATIENT !

... do you know and believe the overall "story" ?

..... do you still see the inherent fundamental value ?

........ do you believe the "Nat Gas" story here ?

If so; buy dips - trim a bit on tops; and wait to see the sustaining of those 10-15-20K buy blocks and big volume; then we know its taking off...

Untill then; remember its all a "dance" - there is an ebb & flow - a rythym... get "in" the rythym of a stocks flow... use it, feel it - "be the flow"... trade the flow (VBG)...

...impatient Grasshoppers - I'm gonna get your RRC cheap; human nature - it's such a wonderfull thing...