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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (6114)5/12/2000 8:15:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, we for sure are not out of the woods yet. Hopefully the Forest Service won't burn them down<G> Some pretty "crack" people they have running those "controlled" burns, don't you agree?
I thought todays rally looked kind of weak going into the close. I hold no positions now on the indexes, long or short. I can't see a clear bias either way right now, so I will wait for a good opp.

Anyway, AW & WMI up again today.

Crude oil is near $30 again. Premium in the Chicago area is now crossing 2 bucks per gallon. How will they spin that one as anti-inflationary? I know, they spin it as gas is not a "core" number, so fluctuations don't count, except if you live in the real world....

One of my oil/natgas dogs, RRC, finally got back to 2 bucks. It was once a $20 stock, then management paid to much for another oil company, and the crude dump hit last year, and you have a torpedo price dive in the stock. Maybe they can bring it back into the teens? A bottom fishers dream. I think it should trade at parity with CRK, another nice bottom fish. BNO another oil dog.