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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject2/2/2004 12:49:02 PM
From: morokko65  Read Replies (1) of 36161
 
Nspolar: both on & off topic

I've been looking at DROOY to buy in the $2.80-$2.95 range if the HUI corrects to 200ish. Looks like an important pivot area. Do I get points for consistentcy as that's been my call for 4-5 weeks now? haha

If that area fails, where do you see the extent of the damage? I'm willing to be 10-15% underwater for 3-4 months, if it means catching the LT move.

OT: I'm seeing center types moving to the Dems (who voted for Bush in '00, and staunch conservatives mad that they got a deficits, nation-building and pro-immigration policies. FWIW, I'm politically agnostic, but would vote for a Kerry/Clark ticket. I hope Dean does not bolt and form a 3rd party. The lack of a moderate, centrist party is alarming if the macro economy deteriorates due to Fed overprinting run amok (a la Argentina)

TIA
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