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

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To: Jane4IceCream who wrote (95070)1/11/2002 3:36:15 PM
From: kodiak_bull  Read Replies (2) of 95453
 
Janey,

Well it's 5 trading days since I tried to guess

Message 16865362

whether you should buy HOFF or not. It rallied the very next day (Monday) up to 7.26 and has since been tailing off as I had earlier expected. If you had bought more and then sold at, say $7.15, that would have been very smart and the exact opposite of what the chart was saying to me.

stockcharts.com[h,a]dhclyyay[pd20,2!b50!b200!b25!i!f][vc60][iut!Uk14!Ub14!Ud20!Lc3!Lf!Lh14,3!La12,26,9]

I still say you get to buy this in the $5.75~5.85 range, sometime in the next 5 trading days. I don't think today's pattern will end up in a reversal, and Fibonacci or no, I think it wants to go down. I don't own it, and probably won't buy it, but I'm always interested to learn.

Kb
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