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To: AltLar who wrote (42484)	4/17/1999 12:14:00 PM
From: Winkman777	Read Replies (3) \| Respond to of 95453

Massive sector rotation II Having read this very informative board since October when I first entered the "patch" with an initial 3k of VRC, I finally feel I have something worthwhile to contribute. I have taken some profits , but now am holding 2/3 in OSS and 1/3 in cash. I agree with Slider's rationale of buying/selling/rotating. But at this point in time IMHO The overriding reality seems to be overvaluation of the large caps, techs, and internet stocks versus the undervaluation of OSS issues. In the next few weeks, I see sector rotation overpowering the other OSS market forces.

To: AltLar who wrote (42484)	4/17/1999 4:24:00 PM
From: articwarrior	Respond to of 95453

" Massive sector rotation..." I fully agree with Larry here...In Alaska you either move out of the way of a rising tide or be drown in the flood! Rotation into metals, oil, etc...Does this indicate a pattern? Let me see market in record territory...rotation into small caps, gold, oil.....Patterns are great things here like Slider has said and like Larry with "Massive rotation" the cards being played all point to a healthy correction in the market...Where would you want your money to be when the drop comes? I believe the mo mo money hasn't even begun to pour in. Shorting the internuts here might make a millionaire or two. On the oil patch side lines a little overlooked Gem PGEI sits and waits for us to notice a discounted to "Book" value stock. Didn't move one point on this run up. Currently going for 1 3/4-- book value; 7 plus? Razorbak probably would issue the last rites on this stock but at this price to book ratio I can't resist pushing the "buy" button here. TCMS just getting noticed Hmmmm... Only discounted to its book value by 3 to one. ... Shallow well specialists in GOM waiting for the boom. Here is a play for the strong of heart..How bout' WEL, scary little stock but has some great upside potential. All the above IMO have a risky twist except TCMS... I own 2 out of the 3 above and have buckled the seatbelt... I believe we have another 5 percent upside to this run before it turns and corrects by 10 - 15 percent by the end of this coming week. Still holding FLC want to see closer to 10 before pulling the trigger, but with Sep options in my pocket I think I'll play out a lopsided saddle hedge here, this way I limit downside and max out gain potential. Buying puts here is another way to hedge your position folks, if you believe like I do that this is only one small step in the rise of these stocks then protect your gains and stay long. Another way for the strong of heart would be to short the box on your positions; you still lock in the current profits by holding your long position but if a correction occurs you have the stock already bought to cover. You don't have to sell these babys here to make money. Another way for the long term folks who believe we have a long upside potential would be to sell puts.. Good trading Larry and sage advice on rocketships! Good Trading All...