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


To: SliderOnTheBlack who wrote (28497)2/20/2003 11:58:20 PM
From: chojiro  Respond to of 36161
 
(read late to the party)



Na, just those that didn't realize there is a ball game going on until the second or top of the third inning.
No matter, they'll also be the ones who leave at top of the fifth-
If they haven't already left
Thinking the game is over.
They'll probably come rushing back
But not until we go into extra innings(g)



To: SliderOnTheBlack who wrote (28497)2/21/2003 2:22:46 AM
From: GREENLAW4-7  Respond to of 36161
 
Slider, I need to ask your opinion of taking an OSX position on the heels of the current inventory crunch.

Can Nat Gas ramp as it did in 2001 to the 8-9 area even if we are 2 months further into shoulder season? OSX looks relatively weak as it should with fundamentals in the crapper, but many folks are screaming to buy these stocks for the upcoming ramp.

I wonder if ramp is just about priced in here, and the play may be on the sell side rather then buy side.

I have stayed away from many long trades here on OSX recently simply based on notion products are just too high to sustain the current 2 month move.

Your thoughts are always much appreciated.

( the scary thought is what happened in 2001 if you bought near the top, but many OSX longs are saying OSX 85 is a buy on the way to much higher ground)