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To: SliderOnTheBlack who wrote (53297)10/20/1999 12:57:00 PM
From: oilbabe  Respond to of 95453
 
Slider: You betcha: More FLC and MRL..sitting on A $9 bid not yet hit for OEI...(make them come to you, right?)



To: SliderOnTheBlack who wrote (53297)10/20/1999 12:59:00 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
>> Institutions are locking in fiscal year end gains - many funds financial year end is October... November; we cut & run imho.... <<

ahhh. Thank you Slider. I do think it's more than one factor, but that does explain why they don't want to stick their collective necks out and buy big positions here in case the market tanks short term.

Fiscal year is oct so they can prepare their reports, bonuses, etc?


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