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To: The Perfect Hedge who wrote (8432)1/16/1998 11:02:00 AM
From: HH  Respond to of 95453
 
Here is an interesting link predicting a short squeeze on gas.
futuresource.com

John, I think PEngr is very thorough and knowledgeable.
It seems to me that his concerns are more market oriented
than industry oriented. Concerns over a recession are real
and it may very well happen. That is why we have had such a choppy
market since August. But to predict market swings and major
moves puts him into a different category.
If you are going to predict, predict often.

HH



To: The Perfect Hedge who wrote (8432)1/16/1998 11:27:00 AM
From: bw  Read Replies (4) | Respond to of 95453
 
A good day-trade could be BDI @ 12 1/2. It is the only driller down today, giving back its gains of the last 2 days. With the small float of 9.6 mil, momentum could be gained with not much volume. This 2 month old IPO ran up to 28 1/4...I feel a short squeeze could be initiated with a buying spurt today...Thoughts?
I'm in for 2,500 shares today..and set a tight stop/sell
Also, the spread is more favorable today to obtain quick profits..