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Gold/Mining/Energy : American International Petroleum Corp

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To: DRRISK who wrote (9324)11/25/1998 9:56:00 AM
From: DRRISK  Read Replies (2) of 11888
 
Thread,

What I see on all my TA is that AIPN is way oversold that all the money that went in during our last run is now out and that we are back to where we started only with a higher base and a blown out overhead resistance that would for the time being allow us to rally instantaneously to $2.25 with any change in the Hunt picture. The fact that we have all heard the "bridge" to take out the Hunts over the River Kwai is coming can gives us all a little indigestion on the bird.

The Moving averages are looking lousy for now but IMHO the stock will bounce to $2.25 in one day with any positive announcement. This is my TA for the day. If we keep trading at this price for a week the overhead resistance starts to consolidate under $2.00 and keeps lowering as we keep floundering. FWIW.

DrRisk tired of the promises and rumors
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