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To: bw who wrote (105)5/6/1998 11:02:00 AM
From: Thean  Read Replies (2) | Respond to of 14427
 
bw, oil price has got to do with it right now. Positive correlation so far back the last 2 days.

bw, where is Santa Cruz from Palo Alto?



To: bw who wrote (105)5/6/1998 11:14:00 AM
From: Timelord  Respond to of 14427
 
Hi bw, Oakland's pretty close... Right now I'm day trading/position trading against a money market account. Recently did a two day trade on RIG, day trade on PDE, am holding a position in FGII for its next run. Have some cash on the sidelines for pullbacks such as we have now. Overall I'm trying to clean out my accounts and concentrate in fewer stocks so I can keep a better handle on things, but I have some mistakes from last year and before that are unfortunately haunting me, and will until oil prices recover. I'm not as bearish as LT, but I also recognize that his scenario is completely plausible and possible, so I'm trying to make my holdings more conducive to guerrilla tactics...

My candidates for short term trades are CDG, RIG, NE and FGII.
Watching MIND and TDW for signs of life.
My long term lottery ticket is LOILY, but that's another story...

Alex