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To: Patrick Slevin who wrote (35437)2/24/1998 9:30:00 AM
From: donald sew  Read Replies (3) | Respond to of 58727
 
Patrick,

You are correct that if there is just a zig-zag pattern, that in itself will be a consolidation period with just small dips.

We will just have to wait and see it. Regardless my timing period to get in on the long side still has not changed, still on THUR/FRI. Please keep in mind that I am not saying that THUR/FRI are up days, just that they are the buy-in days and hopefully they are down days.

The DRG will be down today with the GLAXO deal terminated, so this may be a sector with some opportunity on the long side, depending on how low it goes.

The XOI and OSX are still value plays with yesterdays performance, but the question is how long will it take for them to pop back up, and when will they decouple from the price of CRUDE.

Seeya



To: Patrick Slevin who wrote (35437)2/24/1998 11:14:00 AM
From: Nemer  Read Replies (1) | Respond to of 58727
 
Pat:

---->Anyway, I got off track....if it just zigs and zags for awhile it will have time to consolidate and go higher.

the smiling duck see the SPX going up for the next couple of hours....

floor @ 1031
ceiling @ 1035

---->Also, it will bore the daylights out of me, and I will reachable on the first tee if you need me.

will you help me tee up the ball, it hurts sometime to lean over with my head below my knees....
actually it hurts more on the attempt to straighten up......gggg

Regards-----NeedCaddyorCartNemer