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To: Lucretius who wrote (157)5/7/1998 4:54:00 PM
From: Broken_Clock  Respond to of 14427
 
Yeah, the Strictly Bulls thread...

Hey bw...I recced WTU as a "safe haven" ...looks like someones been reading your thread<g>...huge volume yesterday and today for WTU. It has a 12% + dividend and is 1 dollar up off the all time low. With S & P div. at 1% I'd say an energy trust with 12% dividend has at least a 50% upside to 8% yield...plus the tax break! Take a look at the monthly, weekly and daily....then look at yeaterday and todays action. There is money scrambling to find a safe place to rest in the market right now.



To: Lucretius who wrote (157)5/7/1998 5:08:00 PM
From: Thean  Read Replies (3) | Respond to of 14427
 
LT - one cheer for you. Today is the third day for MU and it closed $1 below $32. Guess where the arrow points going forward? The next question is when are you going to cover? Well, that will depend on your greed. If I were you I'd gladly cover if it gets to $28. Then let the mob sweat it out to see if it can bounce back or go lower. Just a caution too - don't let your profit slip away. Think of plan B in case it never gets that low and decide to bounce back.

Oil tanks and so goes the drillers. I think the correlation was good to the minutes. I think UTI is a short or put here with plenty of room to the downside. Any one?



To: Lucretius who wrote (157)5/7/1998 5:20:00 PM
From: bw  Read Replies (1) | Respond to of 14427
 
LT...Here is the "poor LT post".
Message 4346161
Actually, with this post & the follow-ups...we're obviously all on the same side here.