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To: JHR who wrote (78308)11/9/2000 11:50:12 AM
From: jim_p  Read Replies (1) | Respond to of 95453
 
I think SMOP will pop very soon. 3 Q will be announced by next Tuesday, and the world will see for the first time what the company looks like post reorganization with very low leverage and trading at 2 times cash flow. We should also be hearing the announcement of a deal soon.

SMOP from $3.00 to $6.00

MVK from $14.00 to $40.00

Life is good,

Jim



To: JHR who wrote (78308)11/9/2000 11:54:39 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
MVK... interesting technicals - positive OBV/money flow into selloff...

The shorts don't have much volume to "game" here and we've got positive money flow and OBV into this pullback... interesting...

Just let all this election BS settle and we've got a nice little squeeze thru $20 pretty well set up imo.

PS - someone tell the little general on yay-hoo; that the imports are an old story, market share grew on the dollar/euro story & ask him what side of the dollar/euro play he wants to be on here - ie: the impact of imports on MVK... it's a trade & technically well suported. But, he didn't like OII CLB GLBL etc either on their selloffs...I guess he just likes watching the "paint dry" with his "Billions & Billions"... lol ~

The collapse of the tubulars however in conjunction with the loss of momenteum in rig counts; can not and should not be ignored on the basis of what they signaled in 97-98.

The 'patch is in the trade the wave mode here; buy the bottom of the bollinger band technicals & sell the tops; the loss of earnings momenteum along with a pause in the momenteum of rig counts/dayrates is a story that is yet to unfold... hopefully just the pause that refreshes; but one must keep an eye on how 97-98 played out as well...should the DOE be correct in their forecast for $20 oil by March with a mild winter... it WAS Oct '97 Deja Vu all over again...