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To: SJS who wrote (7727)3/11/1999 5:00:00 PM
From: tdl4138  Read Replies (2) | Respond to of 14427
 
Don't think its a head fake ...this time...

OPEC has to cut back production to keep their treasurys afloat..
Just don't think anyone can expect these stocks to go up in a straight line. Everyone has their own threshhold as to when to take a profit...and a lot of profits were taken today.

I would expect more upside as "news" is announced...with days like today thrown into the mix. At some level..they should stabilize and sooner or later begin the process of being earnings driven...just like the "old days".

Currently long SESI< RIG< FGI< GIFI< TCMS and looking at a lot of others...

Just my thoughts
Dave