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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject4/23/2002 11:59:26 AM
From: hamsandwich  Read Replies (2) of 36161
 
TESCO

Any of you holders still out there or have you sold into strength? I am considering a ST trade (weeks), even though I like the company LT. Any thoughts? I will be likely looking for an partial entry near support at 11.6X, with the candle yesterday (bearish engulfing) portending some down.

Shack, if you are still lurking around here, are you still holding and counting TESOF? Based upon my poor counting skills, it looks like the chart is completing (iv) of (3) or perhaps (4) of (5) (of 3?), with a 5th wave up to come. Am I completely off base? Thanks

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