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Gold/Mining/Energy : American International Petroleum Corp -- Ignore unavailable to you. Want to Upgrade?

To: BamaReb who wrote (8772)	6/12/1998 5:24:00 PM
From: Mama Bear	Respond to of 11888

If I was a bottom fisher I'd think this close to an ideal entry. I'd put a tight stop of 1 5/8, and have a target of 3. 1 11/16 was the low on the recent bottom, so I put the stop 1 tick below. The thing that puts me off the trade is the political instability in that part of the world, and the fact that there is such a huge glut of oil currently. I really don't like to speculate on individual market maker's possible motivation, at least without having observed the level 2 more closely than I have recently with AIPN. Barb