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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (19569)	3/12/1999 8:01:00 AM
From: Larry S.	Respond to of 53068

GIC, baby oils: - GIC 207.95.154.130 is the chart i use. I bot GIS at 30 with a target of 35, it got to 34 7/8 yest, but i did not sell (oink oink). Given the strength of the stock"s FA (huge assured orderss for their cable boxes going forward)and takeover speculation, I think the stock could hit 36 and possibly bust thru to 40. Remember, i am more a position player than day trader. even look at debt to equity and p/e occassionally. The chart just looks so powerful, especially the MACD and all the bollinger bands turning up, that i decided to LIR (let it ride). If any folks are interested, just type in HYPT or CVG or CD or your favorite stock(s)in the box on the bottom of the referenced URL, and it will give you the charts for that stock. baby oils and oil services: stocks like uti, fgi, rdc, pten, glm, crk, keg, etc are single digit companies that have had huge moves with this oil spike. Oil stocks apparently are retreating this morning, so i would be cautious. I would put a bunch of these on a monitor list, and the next time that the oil index is up two days in a row or something, would nibble. Oil stocks have been overwhelmed by FA, and the dire straits of low prices, over supply. TA says this stocks have bottomed, but same analysis could have been said 3-6 months ago. longer term, who know about oil. i think if one bot a basket of these little guys, and some big guys (P, TX, ARC) one would have huge gains in 1-2 years. yes virginia, years. but then again, that is not internet time. good luck all. do your own dd.larry