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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Joe Stocks who wrote (39668)5/17/2002 12:42:12 PM
From: Joe Stocks  Read Replies (1) | Respond to of 53068
 
BTW, I'm sitting out on the power producers for more trades until I see some upside. REI looks very attractive to me and so does MIR. I just want to see some signs of a base forming to get back in as I only have a few fingers left.

Joe



To: Joe Stocks who wrote (39668)5/17/2002 1:07:56 PM
From: Larry S.  Read Replies (3) | Respond to of 53068
 
we are seeing the shorters killing rei, cms, cmp, etc. plus institutions and funds must be dumping, afraid of the next enron. rei in particular is an incredible opportunity, though i don't profess to know where the bottom is. 9.5% yield, the old Houston Industries. yes, they boogered, yes there will be CA investigations, yes RRI was stupid, but it is a real company, real assets, strong balance sheet. will be buy of century soon, imo. larry


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