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To: Crimson Ghost who wrote (44584)5/12/1999 12:54:00 PM
From: Captain James T. Kirk  Respond to of 95453
 
No offense taken. I am simply reporting the short term implications, and flexing my day trade emotions. I bought more long positions today and ultimately that is what I belive. Not $20. crude, but $25.-30 in 18 months. You make a good point today about the OSX reaction, and I feel comfortable that the downside, unlike months past, is more predictable.



To: Crimson Ghost who wrote (44584)5/12/1999 1:06:00 PM
From: tdl4138  Read Replies (1) | Respond to of 95453
 
< Price of Crude >

Todays decline, another .64...so far...and stability in the OSX is very encouraging, especially in the micro-caps.

I think the market has taken into account that the price of crude will fluctuate in a "trading range". The problem now is ascertaining what the range actually is. If the "comfort level" is 17.35...and we stay above, that might be viewed by the street as acceptable.

What happens if the price of crude "violates" the comfort level?



To: Crimson Ghost who wrote (44584)5/12/1999 1:33:00 PM
From: SliderOnTheBlack  Respond to of 95453
 
George/Captain - "pot calling the kettle -black''

...now George..... <VBG>.

<< That is you swing from extreme optimism to extreme pessimism and visa versa in the twinkling of an eye. >>

,,,just playing the referee for once.

hmmm $17 FLC - I'll take that.