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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Thean who wrote (8258)4/19/1999 1:26:00 PM
From: The Ox  Respond to of 14427
 
Well said, Thean.

As to shorting the drillers, I would lean toward the day trade shorting, get stocks that soar early and then short them for a few points during the day. I'm not sure I would want to hold shorts over night the way things have been going. Not in my wildest dreams did I expect to see Crude futures at $17.50 in April. Maybe by the end of this year but not already today. This leads me to be very short term bullish on the sector, even though it has had a huge run.

Pick and choose carefully!

To change the subject, I just bought some RFMD at 44. Stock was taken down 14 points on low vol (300K) and looks like a good trading situation.

Michael