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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: isopatch who wrote (88265)3/1/2001 9:05:01 PM
From: patron_anejo_por_favor  Read Replies (2) of 95453
 
APA...time to short?

Huge H&S set up on the daily chart, with a rising neckline now at 59 or so; rt shoulder topped out at 66 on 02/21. Obviously, the NG E&P's are about to come under pressure from the spring shoulder season...I'm thinking short if it drops to 58 (or conversely if it rises to 64-65, with a stop just above the old rt shoulder).

Your thoughts?

Regards

Patron
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