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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Thean who wrote (10669)2/5/1998 11:08:00 AM
From: Ms. X  Read Replies (1) of 95453
 
Hey everyone,
Now, I know we aren't supposed to give direct investment advice and everyone needs to make there own decisions. I've wrestled with the decision to post a stock pic I received from Tom Dorsey. He sent it to me for the "oil guys". Now, please make your own decisions, kay. Check FA etc. Not often does Tom send me a direct stock pic.
Here goes:
"Buy GLM at $26 stop order. In other words buy at $26 breakout.
Let the oil guys know the play is $26. T"

What that means is. At 26 the stock breaks a triple top and moves through its bearish resistance line. He means 26, not 25 7/8 or 25 15/16. Need to see it can break resistance.

There ya go.

For those who don't know who Tom Dorsey is check dorseywright.com. You may have seen him on CNBC or in Barrons, Wall Street Journal etc.

Jan
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