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To: drsvelte who wrote (2782)9/10/1998 9:51:00 PM
From: SJS  Read Replies (1) | Respond to of 14427
 
Doc,

Some of these oil drillers are so cheap you can daytrade (scalp) them in large blocks and pay a fraction of what you'd previously pay when they were lofty. This is a day traders dream for 1/8, 1/4 or more. Easy to do. Even GLM is more volatile than I've seen it in a long time. For example buy 3-4K of MRL (what you used to pay for 1K of NE a year ago), for example and scalp 1/4 to 5/16. That's about a quick 1K on the upside or downside (if you short it...).

Don't rule the driller's out for this type of trading.

Have fun....



To: drsvelte who wrote (2782)9/10/1998 10:02:00 PM
From: Lucretius  Respond to of 14427
 
that guy's a moron