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To: mph who wrote (18998)4/14/1998 11:43:00 AM
From: Challo Jeregy  Read Replies (1) | Respond to of 95453
 
Miles - I'm in sympathy with you. My NE and FGII look just like yours.

(Well, maybe not. You've probably had yours longer)



To: mph who wrote (18998)4/14/1998 12:24:00 PM
From: rocklobster  Read Replies (1) | Respond to of 95453
 
MPH,

During the last rally which we had in late March, GLBL outperformed FGII. I Bought FGII because I felt that they were both strong companies and that since FGII hadn't hit its resistance at around 34 that it would continue up. I sold some FGII and switched into GLBL last week because FGII had made up a lot of ground and GLBL had fallen back to its support.

They both are fabricators and they both have tons of cash and GLBL has a dynamite looking chart with a very predictable uptrend over the last 3 months.

Also look at GLBL daily chart and there's almost no overhead between 19 and 20 leading me to believe that if it can move cleanly through 19 that it will rocket straight to 20.. Lots of overhead in the 20-21 range and I already have a sell limit in at 20.25 BWDIK <ggg>

I believe that if we get a strong OSX rally that they will both take off.

I still have some FGII and am looking for at least 34.5 before I sell.

Best Investing to you

Later,
Richard.



To: mph who wrote (18998)4/14/1998 3:53:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 95453
 
Oomph, you are beginning to sound quasi-paranoid! Obviously the reason the stocks you own go down is because you own them. If you didn't, they would go up. Here's a good example. I own GLM. GLM reports good earnings and talks about continuing increases in dayrates and all other manner of good thing. If I didn't own it, the stock would go up. It's flat because I own it. If I were not a drilling misanthrope I would sell everything I own and all on this thread would achieve wonderful results. ESV would no doubt be revisiting its old highs.

TTFN,

CTC