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otraque

07/28/04 11:11 PM

#277049 RE: marketmaven #276904

i hate it when stock on prime watchlist explodes while i am paying zero attention(but typical:).
But OMM exploded to an all-time high today.
You may want to evaluate its potential.
It is a crude oil carrier.
key stats link http://finance.yahoo.com/q/ks?s=OMM
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otraque

07/28/04 11:37 PM

#277061 RE: marketmaven #276904

My view unless actual human sellers come a knocking saying sell/sell; you will see no capitulation from Program Trading ever(it's a machine--it doesn't give a damn:) and thus we can stay in a endless trading range until real sellers in numbers to drive down or real buyers arrive in bulk to drive up and onward.