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Strategies & Market Trends : Charts for Breakout II

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To: hui zhou who wrote (3066)10/2/2005 12:27:56 AM
From: RealMuLan  Read Replies (1) of 8531
 
Thanks a lot for the list. I will take a look, may buy a couple of them.

DESC -- I was trading it in June. And it did not do much, sold <$5 for some profit, and <2 weeks after I sold, it run to $7<g>.

Although I think comparing to PLUG and BLDP, DESC has lower debt. That said, these companies will have a heck of hard time to make any profit<G>

>>I think the energy sector will stay on top for long time. <<

Back in 1998, people said the same thing<g>

In short run, the sector needs some correction before run higher. In a long run, it will stay on top as long as there is no world wide recession/depression. But who can be sure they will never come? No one.

BTW, I still think the current high oil price has more to do with speculation than to do with the actual demand.
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