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To: SliderOnTheBlack who wrote (31918)11/18/1998 11:10:00 AM
From: shane hartman  Respond to of 95453
 
FGII at 10, MRL at 8, RIG at 20 puhleeeze. I really want to own them again!



To: SliderOnTheBlack who wrote (31918)11/18/1998 11:28:00 AM
From: DavidG  Respond to of 95453
 
Slider,

I agree with you completely. Averaging in on SLB and Ron calls. Buying SLBBJ and RONBF. This is at least my third time of buying on the dips before the next moves up.

Good Luck Trading

DavidG



To: SliderOnTheBlack who wrote (31918)11/18/1998 11:42:00 AM
From: DavidG  Read Replies (1) | Respond to of 95453
 
Slider,

Actually I wound up getting RONBE at 4. Seemed to be a better price. Are you buying options or just equities?

DavidG



To: SliderOnTheBlack who wrote (31918)11/18/1998 11:48:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Slider, probably some longs dumping as well. I'm not watching the tape, but if you check out the OSX chart, I think there was some minor support in the 59 range (was minor resistance area in late October).

When it broke, it looked like there could be a straight run down to 55 (then possibly 50). I don't pretend to be an expert on this chart reading, but I'm just looking at the way the OSX ran up in October for a couple days with no resistance, and thinking that the run down could match it. Perhaps someone who is experienced at reading support/resistance levels can comment.

This is just a theory.



To: SliderOnTheBlack who wrote (31918)11/18/1998 5:13:00 PM
From: Dragon 1  Read Replies (1) | Respond to of 95453
 
Slider the music man. A funny thing happened to me today. I usually type in the key word for any thread in the search box to get to the thread. I wanted to check in on the Strictly, but you know what? I typed in Slider instead<LOL>

Anyway, I got in GLBL at 6 1/2 today by a limit order. Missed VRC at its low. Well, I probably could get it cheaper later.

I would not count too much on OPEC anything. Rather some external events that are going to shape the geopolitical situation in the ME. As long as Israel is there, oil will see its day of shine.