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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (44728)5/14/1999 9:21:00 AM
From: Think4Yourself  Read Replies (2) | Respond to of 95453
 
Inflation worries will dictate trading today. CPI and industrial production both up quite a bit more than expected. Fed now expected to have a strong tightening bias. Bonds are sinking like a rock.

Wouldn't want to be holding any momentum players or high debt companies today. Unfortunately I have one.

Should be good day for oil today.



To: SliderOnTheBlack who wrote (44728)5/14/1999 9:39:00 AM
From: Jon Cave  Respond to of 95453
 
RIG up 1/4. We need more bad news for RIG to make it go up <g>.



To: SliderOnTheBlack who wrote (44728)5/14/1999 9:54:00 AM
From: Gary Burton  Read Replies (2) | Respond to of 95453
 
Sold FLC @11.13---Have to go with my EW read, right or wrong (vbg), hoping for retrace back to 9.88. Buy and holds need not worry of course. ...If I'm wrong and FLC prints above 11.44, then I'm wrong, no problem. just find another horse.


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