To: Think4Yourself who wrote (62067 ) 3/13/2000 4:38:00 PM From: SliderOnTheBlack Read Replies (1) | Respond to of 95453
"Q" - interesting on limits & stops here... My DLJ (#@$@#$@) acct came back online - it has an "alert" setting to where red flags & a verbal "alert" trigger on any moves I set - usually a down -5% move on my watch list, or portfolio holding stocks. I got filled at 10 9/16ths on a limit buy - then had an alert; I got my next fill at 10 3/8ths - but, never saw, or had a chance to catch 10 1/8 ? - were there any 10-20K or larger block downtick/sells ? 3 times on this stock "Q" - I had to phone in and complain that my limit buys were NOT being filled at the damn ask - some "Games" going on in this one imho... I love this one - these are the types of opps I've been waiting for... I sit at 9 7/8 - 8 5/8 & the old low of 7 3/8's - won't chase teenies - I gap my limit orders - especially on this one. If I get filled tomorrow - at 8 5/8ths this becomes a major position for me. The OSX close was ugly folks... I've been trying to point out all along that stocks like ESV RDC are at peak cycle prices - these stocks had record - peak dayrates, utilization & earnings the last time they traded here - way, way ahead of the nearterm expectations imho... FLC is cheap, DO cheap, PGO not bad here - but most others are over-fair value given even the near term expectations imho. I like the TX P UCL OXY COC here - with some BR UPR and now BSNX for my core positions - look to add FLC strong on weakness, dip into PGO again, maybe some DO - HAL in $37ish range. I am only buying on 5-7% retraces here however - I am cautious on this market and what OPEC does - and even more than WHAT OPEC does - how the market reacts... API's tomorrow are key; if we show a 3 M boe build again ? - and start inching over 300 M boe - no damn way we hold the line here. Low debt, solid balance sheet companies like BSNX are the ones to chase here imho... not many out there in E&P land. I love TX near $45 - it see's $60+ this year in a waltz...