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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (5615)	11/26/1998 9:27:00 PM
From: Thean	Respond to of 14427

D - Tomorrow is a trading day - half day notwithstanding. I will take up a PRMS position tomorrow hopefully below $15. This is a clear breakout and I'm sure you know all about the self-fulling prophecy. With the small time home buyers pushing their buttons tomorrow, I'm not sure PRMS will be sleeping dead tomorrow. I pushed the bottom three minutes before close yesterday but found my order rejected. Near term (for tomorrow) support should be 14 1/4 - 14 3/4. If it prints higher than 15 5/8, the sign is good it will continue to mo-mo next week. Europe had a great day this morning. Bought MO Jan 60 call for $2. With the domestic tobacco settlement in place, MO has higher growth rate than all the known consumer-nondurables. If you think people want to hold a piece of UN at such rediculously high PE, people will rush to hold a piece of MO at a 50% PE discount today. Their board pushed the bottom to restart its share buyback program yesterday. My #2 drip, XON, may rejoin MOB to be the #1 global oil giant again, resurrecting Rockerfeller's ghost. If XON can hold its own trading at its current price despite $12 oil, what do you think XON will be when oil goes to $24? Oh, another short for you, again - GIFI. If LT thinks NE will go to $5-$9, I think GIFI will go to $4-5 if they don't receive any large orders in the next two months. The chance is pretty good after Christmas will be a drop dead period for them.