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Strategies & Market Trends : Zeev's Turnips -- Ignore unavailable to you. Want to Upgrade?


To: The Street who wrote (339)12/11/2000 12:07:40 PM
From: Zeev Hed  Read Replies (1) | Respond to of 644
 
The street, I really do not follow it, from the little I have seen on Yahoo on it, it seems that they intend to do seismic work for participation rights. There are a number of companies doing that, I read somewhere about one that has a very large existing library of seismic result and "good" software to analyze these. As far as the chart, it looks "OK" with a possible double top forming here. If it goes through, it could move much higher since it will be in "virgin territory". The question is, of course, is the bloom over for the oil exploration guys here. I think that crude is going to recede slowly, and it that happens, then TYR will recede with its peers. There is too little "prior" history for me to give you much better advice than that. Sorry.

Zeev