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To: marc chatman who wrote (23048)5/29/1998 1:05:00 PM
From: j g cordes  Read Replies (1) | Respond to of 95453
 
What's the XONJO action about?

Last time I was here I was puts on HAL at 56, now I'm thinking of going long on some oils for the following reasons.

A. the India/Pakistan/Indonesia troubles may cause delivery problems or some worry about that area long range.

B. the sector is oversold short and med term occilators

C. OPEC will renew its pre meeting up the price pr campaign

Fundamentals still favor low prices, but these short term worries ought to bounce an oversold sector.

Jim



To: marc chatman who wrote (23048)5/29/1998 2:30:00 PM
From: joe smith  Read Replies (1) | Respond to of 95453
 
mark,

osx.x showing signs of life at the moment. i think we have an afternoon rally to bring osx to 106+. i think general market will also trend up , but not a big move. i dont see a big drop either.

js


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