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To: SliderOnTheBlack who wrote (58133)1/7/2000 4:03:00 PM
From: paul feldman  Respond to of 95453
 
Slider

One would have to be nuts not to be buying or remaining in tech. stocks. Its just not blow-up time.



To: SliderOnTheBlack who wrote (58133)1/7/2000 4:24:00 PM
From: Braddock Bull  Respond to of 95453
 
Slider, I haven't researched UPR at all... are they weighted on the oil side? Any insight into their NG hedging status currently? Thanks, I'm starting my due diligence now, but it looks like a promising E&P and somewhat of a lagger. And secondly, what about XTO, same questions. Do you like that one too? Thanks.

Brad



To: SliderOnTheBlack who wrote (58133)1/7/2000 4:53:00 PM
From: ItsAllCyclical  Read Replies (2) | Respond to of 95453
 
Now that crude as broken it's uptrend line I think big money will take a wait and see attitude until crude settles. (22-23 will be the low imho). They have plenty of other "value" sectors such as health care and biotech. Hell, even techs will be seen as good values since they're beaten down from their highs. I see no reason for big money to come in just yet. Slider is right, they are picking their prices and averaging in.

I took some profits off the table today too. We may see an extension of this OSX rally on monday, but I don't think it'll make new highs. Monday we'll open higher and then end near the low imho.

Still fully vested, but took some margin money off the table, shifted some into other sectors (HRC) and sold some more calls with near term expirations.

Hoping for some cheap VPI or PXD on any crude pullback.