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To: pater tenebrarum who wrote (89422)4/3/2001 3:24:29 PM
From: Dr. Jeff  Read Replies (1) | Respond to of 436258
 
Virtually every short I know is covering or has already covered. So what exactly would cause this to rally?
Got Floor?

I see nothing but continued liquidation until this completely lets go! Imagine the margin calls coming..........

Also consider that buyers are afraid to buy after seeing just how low stocks can & do go now. Not much reason to jump in and get long this junk!



To: pater tenebrarum who wrote (89422)4/3/2001 3:28:14 PM
From: sammaster  Read Replies (3) | Respond to of 436258
 
threads opinion on drillers?

demand will go down in a recession however with the excesive printing of oney over the years and the mideast troubles i expect gas prieces to increase...
also lots of folks were using resources for making natural gas this winter and there may be gasoline shortage this summer...

anyone buying the drillers on this dip?