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

To: drsvelte who wrote (5734)	12/2/1998 4:34:00 PM
From: Thean	Read Replies (1) \| Respond to of 14427

Doc, I think I probably have sold too early again on the drillers. <GG> However, since the are very close to their old low now, things will get clearer real quick. If they drop through this support like a rock, then it would be easy - mo-mo short some more. If it bounces, then we shall see how far the rebound gets them first. Then, with crude remaining under pressure and their showing no strength beyond the probably 10% rebound, reshort. I still think trading short would beat trading long this group for now. RXSD - they could have put in a double bottom today. A higher high (on closing basis) would be a partial confirmation of this. NBTY - the strongest vitamin maker of the three (TWLB, RXSD and NBTY) right now. Merger speculation? ALKS - used today's temporary weakness to reload. PRMS - closed right near support at 14 7/8 - 15. This one is tricky and I'm not as comfortable going long this one in view of the vulnerability of the overall market and especially techs. Do you have any non-internut fresh idea?