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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Edward M. Zettlemoyer who wrote (6861)8/24/1997 4:47:00 AM
From: Edward M. Zettlemoyer   of 9164
 
To all, looks like Arakis is forming a double bottom. My MACD registered a convergence to a crossover for a sell signal. This could change with a few hours of accumulating trading. Take my opinion with a grain of salt, Mark rules. Looks like we will be heading down to a support area equal in price with proven reserves. If message volume remains low maybe we can run through the price formula based on proven reserves once again to pass the time. For now, however, I'm going to get a couple hours of fishing in, Ed.
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