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To: SliderOnTheBlack who wrote (58791)1/20/2000 1:38:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
o/t WM "environment today vs. Oct 98 crash" ? / NG up -stocks down ?

WM went from $28ish as the bottom in the Oct 98 crash to $45 in 2 qtrs - for a 50% move. We are $6 less than that here - and without Long Term Capital, without a total collapse of the Mortage Backed Securties market and all the Intnl worries.

This is as much of a no-brainer as I have seen, Gary - nice technical call, stock is getting some buying and has turned a tic, or two finally...

To compare being able to buy this stock $6 cheaper today than the Oct 1998 Market Crash is unbelieveable and shows the extent that "Momenteum Mania" has overtaken the market...

I like buying the NG E&P's with NG up & shareprices down... adding some core plays today...