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To: drsvelte who wrote (6533)1/13/1999 10:01:00 AM
From: ron peterson  Read Replies (2) | Respond to of 14427
 
Everyone: Be carefull trading nasdaq right now, it seems nasdaq is having order routing slow downs and quotes are slow. Just a word of caution.
Ron



To: drsvelte who wrote (6533)1/13/1999 11:09:00 AM
From: Thean  Read Replies (1) | Respond to of 14427
 
Doc, I covered SDC this morning at the low of the day! But I look to short more of these drillers. The key I'm going by are:

1. RIG - a close below yesterday price would mean a breakdown from its upper to lower BB.
2. Crude price - want to see continuing softness.
3. Short the most bloated.

The big drugs rebounded strong today after a huge pullback starting last week. Again it was a flight to quality. LLY hit support at 75 and bounced back strong. WLA is still cheap and not rebounded too much yet. MTC is another one I'm eyeing on.