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To: The Perfect Hedge who wrote (7673)1/12/1998 2:06:00 PM
From: John Peterson  Respond to of 95453
 
Looks like the rally (was it really one) is fizzling out! Down goes the OSX and the rest of the market.

John



To: The Perfect Hedge who wrote (7673)1/12/1998 2:07:00 PM
From: Lucretius  Read Replies (2) | Respond to of 95453
 
So, am I the only drilling bull left?? I kinda like that. We are at a bottom then. (gg)

This mkt rally looks fake to me. Looks like a breather before the storm. We had a day like this last week if you recall of down big in the morning and climb back into poitive territory to close basically unchanged. Selling resumed the next day. On the way up, you sell off a bit to digest gains. On the way down, you have a bit of buying to digest your loses.



To: The Perfect Hedge who wrote (7673)1/12/1998 2:11:00 PM
From: bw  Read Replies (1) | Respond to of 95453
 
Nothing like calling a sucker's rally, and then buying into it today.<g>
Should be safe holding "the wolf" at 3 3/4..
As they say in the car business, "there's an ass for every seat"...
[and somebody to buy my shares at >3 3/4 within the month]