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To: JPR who wrote (14678)12/17/1997 1:51:00 AM
From: Sonny McWilliams  Respond to of 27012
 
Paul, I was just kidding. I appreciate any comment. I am in no hurry to buy anything. I had mentioned the drillers and specifically GLM to you because you had asked me to add to your criteria about buying stocks. One of those criterias is that when a stock plunges and it looks like the selling in that sector is overdone because the fundamentals have not changed that drastically, it could be a buy. I know your TA showed that it might still go down some and then up. Well it decided to go up. gg. The whole market did, probably sigh of relieve that the interest rates stayed the same. Earnings are coming in questions all over the place and it is pretty treacherous trying to make money with new purchases. Everyone is confused, so no reason why the TA can't be. gg. I am not crying over spilled milk. I like to wait and see at this point. I do believe the drillers will come back into focus, so keep an eye on them if you are interested and let me know what your TA says. I look at the technicals but when it looks too oversold to me and I can't find no really good reason why, I may take the plunge. I did it with APM. I rode it up, made nice money and then re-bought, mistake, and that is my reminder that nothing is foolproof.

BTW, like Truff says, you are getting pretty good with reading that TA. Maybe one of these days I will post less and check that stuff more.

Sonny



To: JPR who wrote (14678)12/17/1997 2:21:00 PM
From: Sonny McWilliams  Read Replies (3) | Respond to of 27012
 
Paul, you may want to check the drugs out again. FWIW consensus today is that drugs are the place to be. GNT is making its move again after it has been clobbered. Any idea on that one?

Sonny