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To: marc chatman who wrote (32165)11/27/1998 9:11:00 AM
From: John Carpenter  Read Replies (2) | Respond to of 95453
 
marc,

during the mid 80's SLB traded as low as $11 per share and
GLM was in bankruptcy.

unfortunately, it could get a lot worse before it gets
better.

these stocks have gone through decades where they have
been dead money at best, steadily declining at worst.

all bets are off.

john



To: marc chatman who wrote (32165)11/27/1998 9:14:00 AM
From: RGinPG  Read Replies (1) | Respond to of 95453
 
SLB was up slightly yesterday, but down big today finance.yahoo.co.uk*&detailed=f

I'm pretty sure now that my last buy signal was wrong. The weekly stochastic sell signal is the one to heed.

I'm unwinding all my long positions today.

I'm not in a panic, but just admiting when I'm wrong. Slider is right, there is a lot of downside left.

osxstocks.com


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