Strictly: Drilling and oil-field services Message Board

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

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To: kodiak_bull who wrote (95024)	1/5/2002 9:15:51 AM
From: chowder	Read Replies (1) of 95453

Well I'll be damned! HOFF showed an inverse hollow red candle, at the top of a shorter trend. I wish I had been following this one. A sure-fire profit taking opportunity and supported by the inverse candle. stockcharts.com[h,a]daclyiay[pb20!b10!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]] There's strong resistance at $6.40. Anyone wishing to buy this stock may want to take an initial position here, at that price. If $6.40 doesn't hold, I look for it to run under $6.00, to run the stops. I think the stock is shadowing HAL. The stock is trading under its 10 day moving average which doesn't bode well for the near future. Volume is light so there's no panic here. One can be patient picking their spot, unless something new develops. dabum PS - >> Unfortunately, hope that Iso being in the shares hasnt jinxed it << Jane, even the dart-throwing-monkey of Wall Street Journal fame, enjoyed some success from time to time. Iso has bought enough stocks that one or two should work out. The odds warrant it!

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