To: waverider who wrote (5482 ) 11/19/1998 11:21:00 AM From: Thean Read Replies (1) | Respond to of 14427
D - you telling your pals we are a bunch of thinktank??? Yeah right, LT has been TT for so long one has to wonder how this market has not blown up in pieces yet. The surest path to short term profit currently is to short the drillers. Anything else is less certain. The first floor for the drillers will be one of their previous low's, or the trajectory support line if their previous low is higher than their previous-previous low, e.g. $14 1/2 for NBR. If one looks at it this way, with the mo-mo shorts and the downright ugly sentiment building here, they all still have a way to go before their next bottom is reached. GIFI is still a good short for they really run the high risk of having NO work in the next three months and their backlog dries up. Check out DHMS. You need to have a stake in this business. DHMS - Diamond Home Services, Inc., with 1997 annual sales of $172 million, is headquartered in Woodstock, Ill. Through Diamond Exteriors, Inc., the largest national licensee of Sears HomeCentral, the company markets, installs and services roofing, gutters, garage doors, entry doors and fencing primarily under the Sears brand through 65 sales offices located in major cities across the U.S., covering approximately 80 percent of the owner-occupied households in the country. In addition, the company operates subsidiary Reeves Southeastern Corporation, one of the largest manufacturers and distributors of fencing and perimeter security products for the industrial and residential markets in the country. Reeves operates 31 distribution centers throughout the U.S. Through its finance subsidiary, Marquise Financial Services, Diamond offers financing to its customers.