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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: debra vogt who wrote (10863)2/6/1998 2:15:00 PM
From: RGinPG  Read Replies (1) of 95453
 
<<TA>> So, YOUR the one. I said, back last week when you asked me (about 25% ago) that this stock was in the overbought range, but that it may stay there for awhile in this turnaround scenario. Unfortunately I didn't buy any because I wasn't familiar with the fundamentals. Since then I've been kicking myself. It has remained in the overbought range for 12 days since my sell signal. It did go down initially, but immediately gained steam after consolidating. All this you already know, so here's my take: It went up too fast too soon, it will become oversold as it corrects a little and I will get a buy signal on it. So, thanks for the pick, I'm watching it closely. Keep an eye on the short term stochastics chart updated each trading day on VRC and others at lonestar.texas.net
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