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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (7449)12/15/1997 7:43:00 PM
From: g.w. barnard  Respond to of 9164
 
zeev,
i agree it will get nasty for the nasdaq (jan effect will hit soon but after that watch out) but the dow will plug on hitting the 21 pe mark on the s&p 500.
gw



To: Zeev Hed who wrote (7449)12/16/1997 9:33:00 PM
From: Lisa A. Grabenbauer  Respond to of 9164
 
Zeev O' Wise One...O' $2-Man;
Is this the buying oportunity we've been looking for? I've been in and out several times and my timing has been poor...but this looks too good to pass up.
It's true the volume is low, but could that be tax loss selling by small investors? And with the NASDAQ being beat down people are nervous to buy in. Thanks in advance.



To: Zeev Hed who wrote (7449)12/16/1997 10:26:00 PM
From: Lisa A. Grabenbauer  Read Replies (1) | Respond to of 9164
 
Zeev; I'm not a technical analyst...can barely spell it...but regarding the drifting down on low volume...doesn't that indicate there isn't a lot of selling pressure, and that any new buying interest will turn the price around?