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To: drsvelte who wrote (15928)3/22/1998 7:43:00 PM
From: drsvelte  Read Replies (3) | Respond to of 95453
 
Thread:

1. What are folks going to do at the open tomorrow? I think that most everybody would agree that most of our favorites will gap up in the morning. Often, when this occurred over the last few months, they would then fade into the morning. Will this scenario continue or will they open up and continue to run? what's the consensus here?

2. I almost always use limit orders to buy. If our puppies start to run, a limit order will might not get a fill and I'd end up chasing the stock. If I want to get in, should I just go ASK?

3. IMHO, I think the markets will be down considerably tomorrow(except for energy.) The announced agreement (whether it holds long term or not) is clearly an inflationary signal. Any interest sensitive equity (financials) will be hurt as will the techs (more bad news FOR Asia) and the airlines. I believe we'll get several good days to position trade, maybe more. At least I plan to with UTI, NBR, NE, and FGII.

Maybe its time to:

Laissez le bon temps roulet, once again.

drsvelte