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To: Platter who wrote (35539)1/21/1999 10:38:00 AM
From: MARK BARGER  Read Replies (2) | Respond to of 95453
 
What do ya think, have we had our pop for the day, is it time to take a profit? Or do we surge from here? I picked up some RON at the open at 27 and have a limit sell at 28 7/8. FGI has had steady buying all morning. They finally took it up from 11 1/16 to 11 5/16. Looked like someone had some shares to sell before they finally took up the ask price.

Currently the OSX looks to be consilidating for another run up.

CNBC reported one of the oil majors (can't remember which) did a little better than est. with .55, better than analysts' .50. Normally if you beat ests. by 10% they say "They crushed est., look for the stock to fly today." Pisani begrudgingly admittedly only that they slightly beat estimates.

Regardless of today's action, the 'patch is the place to be. Just be ready to trade these rallies.

Mark