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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (4950)1/4/2001 9:24:05 PM
From: Jane4IceCream  Respond to of 19633
 
You HAD to remind me of EEX...oi!

Like it long range but sold my position as the entire sector topped out. Took a -3/8 on it. EEX has perhaps the best upside potential because of Llano but nothing is guaranteed. Their balance sheet is getting better and they are majority unhedged reserves. In the energy sector its real toppy depending on which division is in play...ie...explorers, services, drillers (land, offshore), etc.. Other pure ng plays have taken huge hits this week.

MO...might be some downdraft still because of the rotation back to techs out of defensive plays esp with add 1/4 rate cut today. But, I sure like MO long and am keeping it!

MRK..dont have. Did you mean MRL (a driller)? Am thinking of adding MRL but not sure.

Have IMCL (a position trade favourite of mine past couple years) but the bios are really getting shorted right now but I am in around todays close so I am still at surface though I did notice afterhours IMCL was way up!

Might want to stay away from EEX and other energy stocks at the moment until this tech rally falls apart and the rotation out of techs begins more fluently.

Jane



To: Paul A who wrote (4950)1/4/2001 9:41:35 PM
From: Tim Luke  Read Replies (1) | Respond to of 19633
 
whats up dude you too stuck up to stop by and say hello now?