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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (34118)11/21/1998 6:01:00 PM
From: Rambi  Respond to of 94695
 
Haim,
Over the last few months, GLM has ranged between 9 and 14. I thought it would move around in that range again. I will only hold until I have a small profit. I'm not comfortable right now adding anything longterm. I do have the long term position in GLM that I started when it was around 7 a couple of years ago. Sold a bunch in the 20s. So like you, I am just taking everything a day and a dime at a time right now-up or down.



To: Haim R. Branisteanu who wrote (34118)11/21/1998 6:24:00 PM
From: bearshark  Respond to of 94695
 
Haim: The oil service sector has been good for trading since November 1997. They did quite well in last month's rally and, if they drop 10 to 20 percent in a dip, I will probably go long with them again. I have a feeling their future earnings will be worse than projected. However, hope springs eternal and these stocks have spring in them.



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