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To: Tulvio Durand who wrote (20801)4/29/1998 3:44:00 PM
From: Broken_Clock  Respond to of 95453
 
Wow! Look at the close on SLB. I think we're getting "rotated" in a positive way!



To: Tulvio Durand who wrote (20801)4/29/1998 4:07:00 PM
From: rocklobster  Read Replies (2) | Respond to of 95453
 
Shorted GLBL at 22. I may be crazy, definitely am. Shorting a stock that is breaking out, but I just can't see the OSX and GLBL breaking out to new highs with weak oil, a weak market, and sitting right at the top of their resistance. Big blocks were coming across on the ask, so I have some disagreement,

This is a very short term play for me looking for 1/2 or 1 point on the downside for GLBL. I feel the risk reward here is fairly good, but we will see.

Later,
Richard

P.S. GLBL is one of my favorite longs.