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To: The Perfect Hedge who wrote (7886)1/13/1998 4:47:00 PM
From: Thean  Respond to of 95453
 
Glen, let Ron tells us that. I tried using a magnifying glass but the chart was still too blur to read if 85 is the magic support. However, in a long term chart like that, 1-2 days out of the support is completely OK. Don't panic yet.

Ron, tell us.



To: The Perfect Hedge who wrote (7886)1/13/1998 5:03:00 PM
From: Joe Glip  Read Replies (1) | Respond to of 95453
 
Hi all,

I'm fairly new to this thread, been lurking under the sludge, I guess.
I would appreciate any thoughts on the relative potential for stock price recovery on the following issues.

The situation I am in likely will require liquidation of a couple of these positions. I'm trying to decide which to dump, if it comes to that.
So, which are most or least likely to rebound to near the prices shown:

PTEN closed today at 23.625, wondering about $45
TMAR closed today at 23.125, wondering about $34
SESI closed today at 7.94, wondering about $13.625
CDG closed today at 39, wondering about $65

Thanks for any thoughts in advance!

Joe



To: The Perfect Hedge who wrote (7886)1/13/1998 5:03:00 PM
From: Thean  Read Replies (2) | Respond to of 95453
 
On second look at the intraday charts today, I don't think we should be as happy as we are. Don't pop that bottle of alcohol beverage yet. What we have today is an entire day long of selling into strength. Not unexpected but is not healthy either. Glen did you do it today?

If we cannot hold up tomorrow, then it is dark and gloomy all over again.

Whatever happens to Iraq, let Saddam live and continue to rule. If he is gone we will be trashed in 1998 really bad.