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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (8666)	9/11/1998 4:54:00 PM
From: LTK007	Read Replies (2) \| Respond to of 29382

DD congrats on having a profitable week--it was a good strategy. I have been noting that the oil services and drillers have been closing strongly most every Friday afternoon---today I checked this against the crude oil intraday price trend and found that the price rise in the stocks had broken completely from the crude price trend for the day(it was down sloping)---which makes me believe these Friday pops in the oils/drillers we have been having be nothing but shorts covering for the weekend-- Max

To: Ditchdigger who wrote (8666)	9/11/1998 5:51:00 PM
From: James Strauss	Read Replies (4) \| Respond to of 29382

DD: I moved some mutual Fund cash into some Index and Equity funds today... With Brazil raising rates to defend their currency and G7 help on the way, and things calming down a bit in Russia, that leaves Japan to look like it's doing something... : > As for the Starr report... Basically about sex... Doesn't fit the high crimes and misdemeanors definition... The market took off like a rocket... Obviously it agrees... We're not out of the woods but I'll take a fews days of rallying from these lows anytime... : > Jim