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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Urlman who wrote (1341)	10/19/1998 12:54:00 AM
From: BoNg-N-BoNg	Respond to of 43080

Urlman: I was about to post too.. although I can't predict the future, I'm still bullish w/ PTEN & TMAR..add UTI & FGII also to the list... If heavy volume continues, I think PTEN & TMar has enough gas to move in $6 1/2 range or more before profit taking sets in. The problem here is it might gap up (modified or full) at the open, so if you're not in yet, BUY STOP could be your best strategy or wait for profit taking and just re enter..also, I see major resistance at $8 short term but that was when oil was $16 per barrel recently.. Dave, Urlman n everyone: bookmark this oil drillers/services link.. its very helpful especially if someone wants to establish a Position Trading ACcount (short or long).. osxstocks.com btw, OSX just had a double bottom recently and watch the oil crude future contract since they're the major influence on these stocks price movement just a thought.. eL...