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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Lou who wrote (737)5/21/1998 3:11:00 PM
From: fut_trade  Read Replies (1) | Respond to of 2282
 
>Cramer says oils are deadly

Do you subscribe to the thestreet.com or did you see him on CNBC?

I don't currently have a position in this stock. I looked over the
SEC filings in more detail:

(March 6) (May 20)
Mr. DruckenMiller 9,016,993 8,534,600
----------------- --------- ---------
SFM & Mr. Soros 7,410,000 7,137,700
Duquesne LLC 1,450,000 1,396,900
Cambridge 156,993 0?

Yes, he is trimming his position!



To: Jim Lou who wrote (737)5/26/1998 12:46:00 AM
From: Fredman  Read Replies (2) | Respond to of 2282
 
Because they are. I am told Oil/Petroleum/Energy and Airline stocks are EXACT OPPOSITE of each other. When one is up, the other is down. Anybody care to elaborate on this thought ?? GLM is correcting itself a bit, but it will be back. It may take a year or two, but it will be back. Maybe these guys want to build a new House or something. If i had 9 mill shares of a stock, I'd be converting a bit of it to cash. I'd rather have some green then all paper.