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To: drsvelte who wrote (2944)9/14/1998 1:21:00 PM
From: waverider  Read Replies (1) | Respond to of 14427
 
NB doesn't have exposure to international problems from my understanding and is based in the southeast. That's why I went with them instead of CCI. And they are attractively valued relative to other banks (PE). I'm playing the bounce here.

<H>



To: drsvelte who wrote (2944)9/14/1998 4:54:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Doc, did you exit all driller positions? I did. The slump heading into the close is the first one for a while. We shall live to fight another day. I say trade this day by day is the best policy right now. If we see signs of heading back down tomorrow early, shorting the banks should be good. Am keeping the powder very dry. If we indeed trade between 7500 - 8100 for the next three weeks, more power to Ralphie. With things being so uncertain either way, I think this is a good range to use - buy low, sell high both ways.