ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

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To: Timelord who wrote (6895)	8/27/1997 8:22:00 PM
From: Zeev Hed	of 9164

Alex, while I can no longer offer you a very fast tripple bagger in ZCAD, the retreat back to around 1 is at what should prove (hopefully) be a strong resistance for another launch. I peg resistance at 1.5 to 1.75, and expect to trade this range few times. By the way, I have a gut feeling that we will not see 2.875 in AKSEF for too long, everytime it drops into the 2's volume picks up. As I said with ZCAD last week, (anfd many times before) volume precedes prices. I expect a run to 3.5 and possibly higher within a week or two. Zeev

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