Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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From: profile_14	1/5/2005 12:02:50 PM
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Bought APA for a bounce trade. It fell down too much too fast on weather alone. The first profit taking wave was Dec 1st, followed by Jan 3rd. Winter is not over and prices are still very high by historical standards. They have also been high long enough for any reasonable manager to have hedged production. The sky will not fall forever and at this oversold position I took a gamble. stockcharts.com[h,a]daclyiay[pb10!c20!b50!b200!d20,2!i!f][vc60][iut!uh14,3!la5,17,9!la12,26,9!ll14][j33502527,y]&listNum=1

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