Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: waverider who wrote (15836)	7/16/2002 4:14:56 PM
From: gold$10k	Read Replies (1) of 36161

Wave, <<The fake rise on ADCT?>> Perhaps my view is too simple, but I don't expect the short term to make too much sense. <g> I saw ADCT's low as $1.85 from 2 weeks ago, but the more recent dip last Wednesday didn't go that low, so I bought yesterday @ $2.12 with the thought that I would double it somewhere below $2 if I got the chance. The NAZ's changing momentum to the positive plus the positive divergence from the Dow/S&P gave me confidence that there would not be significant new lows. Ever the fence-sitter, I sold ADCT @ $2.54... still holding DY ($10.10) and QQQ (avg. $24.25) and hoping for a buying op on ADCT in the am. Regards, vt

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