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Gold/Mining/Energy : CALAHOO PETROLEUM
CLX 98.53+0.3%Dec 26 9:30 AM EST
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To: smokey w. who wrote (5)9/22/1997 1:13:00 AM
From: Roberth   of 18
 
As per my usual number crunching the near term resistance level is 1.60 but a spike to 1.70 or so could happen on it's first assault. The theory I use is not to buy any stock until it shows signs of moving higher. That is why I have been watching the stock but only bought some at 1.26 about a week ago and more at 1.33 late last week. I am constantly taking profit from stocks that have moved and buying others that are just starting to move. Great system and it actually works most of the time.
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