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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (640)	11/12/1998 10:47:00 AM
From: Wolf 2	Read Replies (1) \| Respond to of 1622

TSO: PSUN took a nasty hit, and it seems to need a little workout. But don't you think the chart looks promising?...once the bottoming workout is complete?? True to my canine nature, every chart looks tail-waggin' good to me...which is why I rely on those proficient in the art (read: E. Graphs, TSO, DavidG) to tell me what's happening. I have to admit that I'm a bit concerned at the lacklustre response to such a sterling earnings report and can only think that the culprit must be tax loss selling. Can't imagine that the average PSUN investor/trader is selling to jump into eBay. Don't you believe old friend, that there are a LARGE number of factors other than just supply and demand that militate for a substantial oil move in the mid-to longer- term? Is this just "past the graveyard whistling"?.. I hope not...I'm still accumulating, believing that there are bargains.. Your reasons for buying precisely mirror my reasons for holding (having bought too early as usual). What are your favorite areas of emphasis over the next year? As I've mentioned to E!, I have a full complement of small/mid caps in the retirement fund already. Biotechs are of interest but I'm currently fully invested so until I've rebuilt the warchest, can only watch from the sidelines. Some of the banks are beginning to look delectable, techs for trading purposes only (except LSI which I'll doggedly hang on to :-) ) BIG question...does this market correct back to a "low test" during November/Dec?.... Big January effect?...how do we get rich from here? Suspect a test but to 'higher lows' sometime before yearend. I'm counting on a big January rebound (return to the black for me)...if I don't get it I may just have to throw a tantrum---not a pretty sight! How do get rich? Keep doing what we're doing...only better.<ggg> Regards, Wolf