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To: JPR who wrote (13907)12/3/1997 2:23:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Paul, this is a pretty good list. I will add some to it but I have to go off now. I will think about it today because I have to change my strategy a bit. I used to trade primarily to offset my margin expenses but this market forces you to do more. I should have taken more time out in Seattle, my portfolio would look better, a big part of the profits for the year are gone. But there is always the rest of the year and next. It is better than it was in Oct. 96 so I don't want to complain too much. But I will be trading more if the selling does not stop. We should go for momentum. Buy some Global Marine quick, it had good earnings and the momentum players seem to be in the oil drillers right now. Deep water ones are better though but GlM will have that soon. Fidelity had sold a lot of drillers, now they are on the buying list again by some.

Talk to you later today

Sonny