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To: Bazmataz who wrote (13083)2/27/1998 10:49:00 AM
From: Broken_Clock  Read Replies (3) | Respond to of 95453
 
bc,
Oil is up and we're drfting down. Not a good sign.I think yesterdays news about OPEC not wanting to move untill April(if at all) is bearish indded. The HAL news in any other sector would have sent us skyrocketing...I mean like 10-20 points in a few ds. Didn't happen.Our time will come but not today unless oil manages a 30-40 cent bump.
PK



To: Bazmataz who wrote (13083)2/28/1998 10:22:00 PM
From: Hector  Respond to of 95453
 
Barry,

I daytrade GLM and ESV. Look at others in the group to get a feel for the market. Some days, glm and esv seem to be stronger than others and vice versa. but they all seem to return to the mean of the whole group within days of each other. My advice would be not to fall in love with any of these.

I owned GLM at 2 1/2 about 7 years ago and investors wouldn't touch
it with a ten foot pole. Now they believe that this stock couldn't
possibly go down much more. The way to make money in these stocks
for the coming couple of years is to trade them up and down within their ranges. There is no sense in adopting a buy and hold now at the
peak of the greatest bull market in American history.

Regards,
Dave