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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Wags who wrote (7430)12/13/1997 4:49:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) of 9164
 
Hi Wags, nice to hear from you again. I think it is important to remember that the purpose of these forums is not to recommend a buy or sell advise but rather to exchange information. However, anybody could post an observation of a technical situation called a "breakout" which is an indication that the trend, by technical reasoning is in a reversal pattern to the upside. It should be understood that any posts would come under close scrutiny from all following this stock and that technical analysis, even if applied properly is not always correct. From a fundamental point of view I thought that when Dan Rice and Sands bought in big time we were near the bottom and should be heading upward in price, guess we cann't depend on that reasoning either. Ed
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