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To: SJS who wrote (8521)1/16/1998 4:34:00 PM
From: Lost in New York  Read Replies (1) | Respond to of 95453
 
1) NE exploded to the upside in the last 5 minutes today. Anything cookin? (I'm very long March 22.5 calls!!)

Gee, on quote.yahoo.com is says we closed at 257 3/4 up 903.41%
I wish!

Dave



To: SJS who wrote (8521)1/16/1998 4:36:00 PM
From: HH  Read Replies (2) | Respond to of 95453
 
I hate to sound like cheerleading, but I really think more
and more big money is going to come into this sector primarily
because other sectors are less homogenized and this sector
just went thru what I believe to be a shake out.
RAH RAH RAH.....

HH



To: SJS who wrote (8521)1/16/1998 4:52:00 PM
From: Czechsinthemail  Respond to of 95453
 
Steve,
NE's upside move was pretty awesome--volume increased about 100K and the stock moved up about a point in the closing minutes. Looks like someone found religion and pulled the trigger at the close.
As far as vulnerability to a major incident goes, the most likely one on the horizon, besides Asia, would seem to be the Middle East. Conventional wisdom would suggest that problems there might be a negative for the overall market but a big plus for the oil industry.
Baird



To: SJS who wrote (8521)1/16/1998 5:15:00 PM
From: Lucretius  Respond to of 95453
 
There's nothing going on w/ NE that I'm aware of. Looks like everyone closed just off their highs, and NE did finally close above its 200 dma after dipping below last week. I'm talking w/ a friend this weekend. I'll let you know if there are any "rumors" (I hope we don't get bought). Can't explain the explosion, but I LOVE IT!!!!!!!!!

-Lucretius