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

To: Square_Dealings who wrote (10694)4/13/2002 2:19:46 PM
From: nspolar  Respond to of 36161
 
michael, thanks.

I'm not even thinking of buying yet. It does seem we have a ways to go.

But I do plan to keep an eye on this sector. The ride up from the bottom should be nice.



To: Square_Dealings who wrote (10694)4/20/2002 3:23:06 AM
From: Square_Dealings  Read Replies (3) | Respond to of 36161
 
Notice how that telecom "rally" suddenly reversed? The big guys were suckering people into buying those stocks. The same is happening right now in the brokerage stocks now (GS MER JPM). These are setting up to be good shorts.

It looks like Q WCOM T etc. etc. are headed to bankruptcy.

FRE and FNM look like good long term shorts here imo. Short and hold <G>

M.


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