MDA - Market Direction Analysis

[ItsAllCyclical]

Found some of my FA work:

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18317423

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18254827

Kyros also has a post on Zeev's thread right now.

When looking at RRI one way to examine their financial health is to see the rate they got on their Oct refi vs their peers. You can bet the banks poured through the books. 1/2 the debt coming due in Feb is from 3 major banks that already gave money to RRI in Oct. Hmmmm...

Look at PETM 5 year chart. This isn't a play to use TA except for picking short term entry points. I've seen far too many longs exit at 2.1, 2.5, 3, 3.5 etc. I won't sell a share for less than 10-12, but more than likely I'll raise that target if the Bush dividend play goes through as RRI may start to pay a dividend in 2004 imho.

Of course this could still go to 0 if the banks say no, but wouldn't RRI be selling assets now if there was any doubt? They can always go to the loan sharks in a worst case scenario like WMB.