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To: The Perfect Hedge who wrote (11257)2/10/1998 6:36:00 PM
From: Lucretius  Read Replies (2) | Respond to of 95453
 
<<<The osx is not rallying like other indexes.Look at the airline or internet or tech indexes.GD>>>>

Glen, those indexes are all in a sustained uptrend (except for maybe tech which I don't follow) The airlines and internet stocks have been in an uptrend for 6 months now. When the mkt moves, they will lead. Patience is the name of the game here. The drillers will assert their dominance again. You just have to be patient. We are coiling the spring for the next two months, then we'll come to life--BIG TIME!!!
How are those XAL puts? I have yet to enter a short position. I must wait till the airlines breakdown. Then I plan on coming in w/ a hatchet.

Anybody out there buying UNT??? Love to discuss gas fundi's w/ someone.

-Lucretius