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To: chowder who wrote (10236)5/30/2002 5:58:06 PM
From: t4texas  Respond to of 206092
 
yes, the conflicting technical indicators can make one catatonic, and then no trade gets done. i own nr already, and i think its doing well earnings-wise. i think it will get better. future business-wise i think nr has good things going in mats and drilling fluids, so i have less trouble when all the technical indicators are not precisely aligned. i certainly hope nr closes above 8.15 tomorrow, but i will be happy if it closes above the ema of 8.02.