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Strategies & Market Trends : Strictly: Drilling II
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To: waverider who wrote (13537)5/30/2002 12:21:47 PM
From: nspolar  Read Replies (1) of 36161
 
wave, re KGC I plan to be more patient than you indicate you presently are. 2.5 doesn't look like a very good support point to me.

It was true that one had little time to grab them over the last two months, but remember this was during the 3rd leg up. Things continue up during an up wave.

It appears we are in a corrective here now, and KGC counts the same. 2.5 doesn't look like a likely support point for a retracement. Any corrective will give you at least two chances to get in on the bottom.

JMHO.
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