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To: sand wedge who wrote (20468)4/27/1998 9:17:00 AM
From: mph  Respond to of 95453
 
This a.m. it feels like the market/traders are holding their collective breath for what looks to be an ugly opening. Apparently last week's inflow of cash was around half of the previous week. Maria suggested this a.m. that there is still"cash waiting on the sidelines" to invest. Looks like it will be needed...whether it's committed today is a different story....I should have known that today would be bad for the simple reason that one of my tech stocks--MRVC--is reporting earnings today. That company has had the worst luck on timing of its announcements. It had a great Q3 1997, but announced on Black Monday!
mph(maintaining a stiff upper lip)



To: sand wedge who wrote (20468)4/27/1998 9:40:00 AM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
Wow..we may open so low that we end up with an up day! -G-

I just checked MIND and it opened down $1.63 at 10! That's one I'm glad I'm out of.

I think we're back to the Mid east scenario folks. The Noesis chart is is predicting a slump after summer to sub 14 WTI unless production is cut further. Add that to softening growth in OSX earnings already... Politicians love a good war. It spurs the economy, don't ya know...good for the metal casket industry :<(

With our dependence on foreign oil I would do the opposite of the masses and buy a gas miser!