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Strategies & Market Trends : Strictly: Drilling II
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To: Cogito Ergo Sum who wrote (30790)5/12/2003 7:24:59 PM
From: isopatch  Read Replies (1) of 36161
 
Kastel. It has done quite well since purchase.

In fact, it's made more of a gain than I'd expected in just a few weeks.

OTOH, the built in clown buck/looney currency arb has been an extra driver for American longs.

The massive volume increase (since rally began) is one indication that this is a major Intermediate Term move, at the very least.

As such, we'll see the inevitable corrections on the way up. But the bottom line is this sub-sector is going a good deal higher before it's time to sell.

Isopatch
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