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To: SJS who wrote (5882)12/8/1998 9:21:00 AM
From: 007  Read Replies (1) | Respond to of 14427
 
<LT still looks miserable.>
Don't forget, it always does at the bottom.



To: SJS who wrote (5882)12/8/1998 9:28:00 AM
From: drsvelte  Read Replies (2) | Respond to of 14427
 
Steve and all:

Here are two that I am looking at for ST trading as they broke from congestion yesterday.

NMGC

iqc.com

IBD shows RS 91, ACC/DIS A and Timeliness B. Zacks "Strong Buy"

EFII

iqc.com

Same IBD and Zacks ratings.

Comments invited.

PS I looked to get in FLC yesterday for a intraday trade but cancelled two orders. :>( It looks like they will gap today on the OPEC/Vens news. Do you think its too late, or will they trade up for a few more days??



To: SJS who wrote (5882)12/8/1998 10:14:00 AM
From: Thean  Read Replies (1) | Respond to of 14427
 
Steve, half hour after open, we got the early clue as to what the rest of the day will likely be for the OSX stocks. I think my scenario #1 occured.

206.253.217.14

Therefore, I expect today's intraday high reached on the initial surge to be taken out. In fact, leader RIG already did that. Everything is positive. I would buy more. If you don't want to chase the leader, buy the relative laggard. I have ATW, SDC and FGI for you. Stay with the deepwater/top service companies though.

Yes - LT is still miserable. Bottom or not, since he does not believe in one he will continue to be miserable. He can keep waiting for the opportunity to get in NE when it hits $5 but even if it eventually comes true he will win only once. I hope I will win 10 times by the time he buys NE. <GG>