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To: CpsOmis who wrote (54270)11/9/1999 1:21:00 PM
From: CommanderCricket  Read Replies (2) | Respond to of 95453
 
The last time NG dipped $0.30 - $0.40 very quickly, all the small E&P's dropped fast but recovered just as fast when gas prices popped back up. The turn around was about a week. Presented a nice trading opp!

I see the same situation setting up here. The next blast from Canada and the TMR's and RRC's of the patch will be back up.

Nice volume in GLBL today. Looks like the low $6's was the bottom.



To: CpsOmis who wrote (54270)11/9/1999 1:21:00 PM
From: IndioBlues  Respond to of 95453
 
I can relate. I still have an embarrassingly large CRK position -- hoping it will pop now that the hedge is off. I did manage to sweat out a tiny net profit in RRC but I'm out now. I think I'm basically done with small caps unless there is a really good story to bet on -- they just don't have the liquidity or attract enough volume buyers when the sector turns positive. I have made far far more flipping SLB and HAL calls in the last 3 trading days than I've made on small caps in the last year. FWIW



To: CpsOmis who wrote (54270)11/9/1999 1:29:00 PM
From: oilbabe  Respond to of 95453
 
Cps: I meant out of SI this morning. Sorry for the confusion. How could anyone reading this thread be out of OSX stocks today? This is the time, this is the place, this is the sector!!!