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Gold/Mining/Energy : TLM.TSE Talisman Energy -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (358)7/19/1999 5:36:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 1713
 
Razorbak, Thanks for the link, TLM is sure starting to look good. At these prices I qualify for the "I survived Arakis" T-shirt. With the RSI indicator at 65.68 however, we may soon get into some normal profit taking, which, as a rule of thumb is triggered around 70. With the improved fundamentals, including the price of oil, my guess is that profit taking should be mild and TLM will continue to trade in the upper Bollinger Band range. With various projects coming on line I just hope OPEC can keep prices in check. Ed




To: Razorbak who wrote (358)7/26/1999 7:42:00 AM
From: Edward M. Zettlemoyer  Read Replies (1) | Respond to of 1713
 
Razorbak, sure hate to sound like a contrarian, however, IMO it looks like we'll be stuck in this terrible profit taking rut for another couple of trade days (2-3) before TLM takes another run at the big "Three O". (Opinion based on 14,3,3 & 5,3,3 Stoch & others). I hope I'm not missing anything fundamentally, but I remain bullish on TLM in view of improved revenues from Ross and Canadian Gas to be reported within a couple weeks in 2nd Qtrly report. Oh ya, also, almost forgot, Sudan and Indonesia projects projects coming on line should add some upward momentum ~). Ed