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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (48339)7/22/1999 2:40:00 PM
From: ItsAllCyclical  Read Replies (1) of 95453
 
Any technical opinions on TMR and CRK?

CRK could have seen the end of it's pullback today, but it's now below it's 50 and 200 dmas so it's hard to say. Pretty good support in the 3 1/2 area. I'm still leary about a negative surprise in this q's earnings. After that it's off to the races.

TMR on the other hand looks much weaker. It hasn't been under 4 in 3 months - where's the support? Seem like it could pullback to 3 before going higher. However, fundamentally this quarter will be much better than crk.

I'm not trying to get greedy so I started my CRK position today. Shifted short term profits from BEXP to CRK aka Slider style. Looking to add more CRK or TMR. Whichever will bounce first...

I'm only interested in short term opinions. My long term money is locked away in MEXP.

Opinions?
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