Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: jrhana who wrote (28991)	3/3/2003 9:31:05 PM
From: habitrail	Read Replies (2) of 36161

That one post had me LOL Re: Investor relations by: slaughter_the_bloated_pig 03/03/03 08:22 pm Msg: 6866 of 6881 Give it up you pussy and learn to read a chart. I shorted TONS of this stock based first on the chart and second on the ABSURD valuation. Why the hell did/do you own this pig???? I have not and will not read the Barrons article because the chart told the story beforehand... stockcharts.com[h,a]daclyiay[db][pb50!b200][ vc60][iLh14,3!Le12,26,9]&pref=G The very peak shows a "evening doji star" which was preceeded by the first distribution day for this stock on its prior attempt to hit a new high. When the 3rd candle in the evening doji star was also a higher volume day, this stock was toast. Only a matter of time. You can also clearly see the negative divergence in the PPO. Then, the game of "get the hell out" begins as the stock starts to roll. The volume was higher on the down days except for the weak bounce off the 50. Then once the 50 was broken the volume really began to kick in to the downside AS HAPPENS WITH ANY STOCK ROLLING OVER. You don't need to know about a forthcoming Barrons article to see this. Pay heed to the charts. God knows all the other real investors who saw this POS for what it is did. Happens to EVERY stock. No need for "inside" information. It is all there to see. Better luck next time.>>

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