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To: Dale Baker who wrote (31198)9/25/2002 5:57:52 AM
From: Dale BakerRead Replies (1) | Respond to of 118717
 
Not much trading Tuesday, tried unsuccessfully to catch bounces in WMB and PECS (stopped out for small loss), cashed KSWS and started a position in the BRMIX fund with the KSWS proceeds and some IRA cash sitting around.

Still more than 5% cash looking for god panic-selling buy opportunities. NBR at 28 would be ideal, for example. LNR had a terrific earnings report, could be worth grabbing if it doesn't gap up too much.

Other stocks getting down to interesting buy ranges are MCGC, XOM, BBX, IPCR. The MACD will suck on all the charts but they will take some time to turn around.

If today's opening gap up doesn't hold I will probably sit and watch without buying much.