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Strategies & Market Trends : Tom Dorsey Q&A -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (79)3/12/1998 7:50:00 AM
From: Quest  Read Replies (1) | Respond to of 102
 
Jan,

INTC broke its bullish support line. Wouldn't that have been a reason to sell INTC?

Thanks.

Q



To: Ms. X who wrote (79)3/13/1998 12:55:00 AM
From: NightClub  Respond to of 102
 
Jan,

Can't wait for my book to arrive.

I made money on both the stocks (GLM and ESV) and options (CDG). Didn't have a lot invested. Stumbled across the Strictly drilling thread, went through the first 1000 or so SI messages in a weekend, did some FA and took a chance. At the time I was really concentrating on the techs.

I'm really a fundamental analysis guy, and the drillers seem pretty solid as far as future earnings are concerned. There is a Gulf of Mexico lease sale next week that should determine at least the direction of future dayrates and earnings expectations. Seems almost a no brainer from the fundamental side, the question seems to be when to get in. I'm really looking for any excuse. If you don't mind my asking, what intrigues you about RON as opposed to some other plays in the oil sectors? They don't trade Leaps, so I assume you'd be buying stock.

I really appreciate what you do on SI. And you must be getting an incredible education.

Time to add TA to the mix. Look forward to asking questions once I get going with P & F.

Thanks, Tom