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To: drsvelte who wrote (1803)8/14/1998 3:11:00 PM
From: The Ox  Respond to of 14427
 
Yup, it was me. Ron (before he left us), was also being shot down for trading out of UTI at that point.

It is amazing how the permabulls on the SD thread can maintain their tolerance for pain, with the sector collapsing around them. I'm not sure it's worth making cautionary statements over there, at this stage.



To: drsvelte who wrote (1803)8/14/1998 3:36:00 PM
From: drsvelte  Read Replies (1) | Respond to of 14427
 
"Any opinions on the close? Gradual selling 'till about 3:30 then the PPT jumps in with buys to boost confidence or continued drifting 'till 3:30 and a big selloff!!???

Well, may be the answer is starting to become apparent. DOW down 60 points in last half hour. AMZN cracking -- jumped on for 1 1/2 in 7 min 13 sec.



To: drsvelte who wrote (1803)8/14/1998 9:00:00 PM
From: Peter V  Read Replies (1) | Respond to of 14427
 
drsvelte, Michael, and all the rest: I'm one o' them dern bulls on SD, but I just arrived, and I'm not married to my RIG that I bought at 33 7/8. What do each of you see for the sector, and RIG especially? RIG is sinking with the sector, despite the fact that it should be insulated due to its long-term contracts. I promise not to flame, please give me your thoughts. thanks.