TLM.TSE Talisman Energy Message Board

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Gold/Mining/Energy : TLM.TSE Talisman Energy

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To: LARRY LARSON who wrote (1701)	11/14/2004 4:57:32 PM
From: Michael Watkins	Read Replies (1) of 1713

(quoted TSX charts not NYSE but the basics except for currency issues are the same) TLM:C is trading just below a range of resistance on the daily: trendvue.com In that time frame TLM is just underneath the upper most trading range and in danger of starting a new down trend. And on a simple three bar retracement on the weekly. trendvue.com In that time frame TLM still exhibits a pattern of higher swing highs and higher swing lows. If price can push up - soon - and hold above the 32.50 level (approx) the longer term up trend will remain intact. A number of the oils made bottoming noises last week. I restarted positions in a few. TLM is one I watch closely, along with other TSX/NYSE dual listed stocks such as ECA. The nat gas heavy like ECA have been outperforming to be sure.

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