<TA> The OSX has been behaving very predictably so far based on the stochastics study. If it continues to behave, we should have 2 to 4 more down days, and then a strong rebound.
Many of the deep drillers have already reached their lower BBands, and are very close to buy signals on their stochastics. All it would take is two or so days of flat to slightly up prices to trigger the buy signal (of course, strongly up would do it too, but I'm not expecting that).
FLC, DO, ESV, NE and CDG are at bargain prices that I could not pass up. They may go a little lower, but I didn't want to wait.
I'm waiting impatiently for RIG, EVI, PKD, VRC, and RON to come down another 5% or so before picking them up too. Regardless, I will be back in 125% in 2 to 4 days when I get that buy signal.
rgdoczzz.home.texas.net will be updated Friday when I get back in town. The skiing is great in Steamboat, 50 degrees and fresh powder! Shape skis rule, snowboarders drool! |