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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (73764)	10/24/2006 3:19:56 PM
From: buckbldr	Read Replies (3) of 206195

Que, I'm viewing the PTEN chart approaching a "major"? resistance around 24.00 to 24.20 area. Assuming we get reasonably neutral to bullish CL & NG inventory and injection reports tomorrow and Thurs., and if the price closes above that resistance area, what do you , and others who follow PTEN w/ a favorable attitude (Frank, and all others) think of its prospects of returning to an up-trend mode back to the 30's and greater? I'm going to try to post a link to the chart here below....have been unsuccessful the last few times I've tried, so please excuse my fumble if it fails. I'm strongly leaning to the idea that this week could be the bottom in these land driller stocks, esp given them meeting the above parameters. Of course, I've been absolutely out of step many times in the last several weeks, so am wondering what other objective thinkers are considering. Thanks for your replies on the board. Buck stockcharts.com Edit...I see that I failed again....wish someone could post instructions on how to accomplish these links to selected StockCharts....I used to, but seem to have forgotten the procedure any more. Sorry.

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