Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Louis V. Lambrecht who wrote (18436)	9/5/2002 11:25:36 PM
From: Little Joe	Read Replies (1) of 36161

I looked at that chart after your comments and I am inclined to think the h&s you describe is the operative formation. If you extend the neck line you can see that it has acted as resistance on the rally after the breakout. The only problem is the projection is for the stock to drop to zero. Don't think that will happen but a definite short candidate. Little joe

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