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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (7796)	2/14/2002 12:20:54 PM
From: isopatch	Respond to of 36161

Thanks vt. Was asked about SWC on SA II last nite. Here's the post. It lays out my best read for the next 2-8 weeks. Message 17059388 Looks like this one's getting there a lot faster than I thought, too. Should, at least pause, soon. But that gap above 19 should be a fire break that will help us decide if it's a short term romance or something more<g> Don't usually like to set targets for longer holding periods. However, am leaning toward the idea that the critter will see the upper 20s on an Intermediate holding period of a few months. biz.yahoo.com Have seen it play out a number of times (with other plays in the past) where big insider purchases turn out to be a price magnet, especially when combined with the other positives SWC has going for it. Also a nice liquid stock that's easy to enter and exit - in size - without giving away a fat %age to a large spread between bid and offer. (Also want to share credit for the idea with my friend Roebear. We watched SWC on and off for quite a few months before picking our entry prices.) Tally ho! Isopatch