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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)
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To: Zeev Hed who wrote (7742)2/10/1998 10:00:00 PM
From: Bill McCabe  Read Replies (1) of 9164
 
Zeev, $4 is the # quickly. Where is Pluvia? Knight was at the bid &
the offer at the close. Who are they? They took in 30,000 at 2 7/8
the 6th to the last trade with only 6,000 going out a 2 15/16. The
upper channel line is at $4.12 to $4.18. We broke the 50 & 100
day moving average & I assume the 200 day today. ( I forgot to
look). All technical indicators say $4. By the way I margined down
and bought more at 2 15/16. Hope my wifes attorney has a sense
of humor. This all makes no sense but the charts resemble Sep 96
very much. I checked the 200 day ma & it is $3.06 which hopefully
will be tommorow.

Bill McCabe
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