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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (34930)6/12/2003 4:18:13 PM
From: energyplay  Read Replies (1) of 74559
 
Sold some ERF today - in one account, all but the 200 shares that were bought at $16.71 last May -

Though I would wait a few days, move some money to PGH or even PMT or Vermillion.

Pullback was strong as the day went on, I think we will see some more selling early in the morning the next few days.

So far, the selling just backs up the post Greenspan jump, and little of the run up of last week.

Still looking at another two weeks of cooler than normal weather...

Looking at the 6 month SJT or HGT charts, which tend to be smoother than the CanRoys, this is the second upward bump above the upward sloping trendline. Wonder how big and how high the third or fourth bump will be ?

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