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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (76477)10/17/2000 10:33:06 AM
From: isopatch  Respond to of 95453
 
<the voracious wolves who hang out here in oil land> ARF, ARF...

Not a bad image. Hunters and survivors after many boom bust cycles in this industry.

Tech isn't my thing. But compelling values from a true LT washout (which we'll see either shortly or 1st qtr 01') will force me into at least a few buys at such vastly reduced risk levels.

OT/A perception of such extremely low risk levels is what prompted me to build the RTN.B position by mid summer @ 22 n cng. Even now in the low 30s it's a good intermediate and a great LT value IMHO.

Next target short/intermediate term is low 40s. LT, a test of the old highs around $70. It optionable and trades tons of volume. So you can enter and exit easily no matter what yor holding period.

RTN.B is one of the few picks I've talked about on the thread that IMO everybody can buy and profit from. The stock's chart, TA and trading pattern isn't difficult to read.

Stated here, a few days ago, after the big breakout through 30, that it was going to pull back "toward the breakout point" and give people here another excellent opportunity to get on board. And that's exactly what happened. Here she is right down to the BO area! Take a look.

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Iso