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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (9216)3/11/2002 8:34:35 AM
From: Frank Pembleton  Read Replies (2) | Respond to of 36161
 
Wayne, just looked at the POG chart, pleasant surprise? Not really... IMO the volatility has and is increasing - the oscillations between the bear/bull sentiment is ever tightening. My gut tells me we're very close to an "event."

NGT, look for a relief rally today... The info that it was going to be halted must of somehow leaked out, the day that I jumped in, the selling was brutal and overdone. It's not surprising the CDNX halted this stock anyway. NGT was trading at $0.14 just a brief period ago and then it hit the $0.50 and now it's down again? The volatility alone is enuff to get itself halted. I'll venture a guess and say it'll come out hard at the opening - and settle back into a more natural trading range, unless the POG shoots thru the roof. :)

Regards
Frank P.