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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (90247)4/19/2001 11:12:13 AM
From: isopatch   of 95453
 
Definitely some patch stocks worth playing

My very LT read posted her last summer and on Yahoo previous to that was we're in a massive secular Bull Market in the NG stocks.

IMO we've just finished a classic Elliot 3 wave Intermediate Term correction in the group since the Aug/Sept 2000 top. The CRZO weekly chart is a textbook example of why I'm playing this and other patch stocks again for the first time since Jan:

stockcharts.com[h,a]waclyimy[dd][pb50!d20,2][vc60][iLh14,3!Lb14!La12,26,9]

And in the daily, note the powerful breakout confirmed with massive volume that tell us the Intermediate bottom IS IN.

stockcharts.com[h,a]daclyimy[dd][pb50!d20,2][vc60][iLh14,3!Lb14!La12,26,9]

Looking forward to making a lot of money in the NG stocks in the months ahead, AGAIN(g)

Patience and caution have paid off BIG TIME by waiting for our opportunity till now. Am again Intermediate Term bullish on the NG group and buying ST dips.

1st reload since LAST AUGUST was @ 6 1/8 wk ago Tues for a quick 20% gain.

And back in 70% CRZO pos yesterday @ 7.18 after sale last Fri @ 7 3/8. Will fill the pos in the upper 6s if we get there.

Also like MVK a lot. Will be adding there on dips as well.

I'll take another look at PDE.

Cheers

Iso
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