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To: Post_Patrol who wrote (64207)4/10/2000 4:46:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Yes; Postal - from a trading/buying opportunity - missed; standpoint - you did miss the train...

Many of those buying opps we allready sold and get to re-buy once again here. I've sold & bought back a few of late, but for your sake; don't get caught on a breakout off of good API's if seen - and be faced with buying into a ramping OSX at 115 again (VBG).

Fool you once - shame on the OSX, fool you twice - shame on you...

Bottomline; you've gotta be buying "into" this pullback - to sit and wait to make your first buy at a magical target of OSX 85 - only to watch yet another turn on a dime rally back thru OSX 115 accomplishes nothing...

At this point of the cycle - you have to buy/average into pullbacks and sell/take profits the same way. If you wait for "magical targets" to either sell, or buy - you miss entire moves imho. It doesn't matter if Postal is right, or wrong - or where the exact bottom of the OSX is - if you average into the pullback - ie: buying HAL at $38, $36, $34 versus waiting for OSX 85 and $34 HAL to make your first buy. - What happens if the OSX bottoms at 88 intra-day and HAL at $35 and you miss the entire opportunity ?

- average in and start now !

Just respect the "possibility" of OSX 85 - average in and margin to say .45-.50% maintenance levels at OSX 95ish and you still won't be "called out" on a further pullback of 10% to OSX 85ish - allways give yourself another 10%ish room/cushion imho - because; someday Postal may be right for once(VBG) ~



To: Post_Patrol who wrote (64207)4/10/2000 4:47:00 PM
From: BigBull  Respond to of 95453
 
OOOOOoooooooh so Iraqi production is going DOWN! How can that be? So how much is left for export hmmmmmm? Under a million barrels?

slb.com

Iranians doing a 180 and detaining Iraqi smuggled crude on the high seas? So how much of that Iraqi crude will actually hit the market? Wanna bet not much? Sending them a message? I'm merely speculating and analysing the news of course.

slb.com

Rumors of US Airmen leaving Saudi Arabia? Curiouser and curiouser. Hey, I know nothing, just passing along the news. Don't you just love Cohen's spin on Iran? They are detaining Iraqi crude so that they can curry favor with the "Great Satan". ROFLMAO!

My bet is things are about to get real nasty, real quick.

But what do I know. Absolutely nothing, merely speculating.

BTW What's Charles Schumer up to these days?