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To: kodiak_bull who wrote (16098)12/20/2002 3:16:42 PM
From: chowder  Read Replies (1) | Respond to of 206330
 
KB,

I don't see anything that encourages a buy on CPE at this time. I suppose there are those who are willing to take a chance that it will be much higher a year or two from now, and I have no quibble with that. This would appear to be a good price range with that objective in mind.

We're seeing lower highs, but not lower lows. Perhaps it is putting in a bottoming process, I'm not sure.

Look at the MACD. Is that a divergence forming on the histogram? Could be good news in the near term, if it is.

stockcharts.com[h,a]daclyiay[pb50!b200!b10!i!f][vc60][iut!Lh14,3!La5,17,9!Lp13,8,8]&pref=G

dabum



To: kodiak_bull who wrote (16098)12/21/2002 6:20:38 PM
From: aerosappy  Read Replies (2) | Respond to of 206330
 
Kb, do you really like RRI?

What am I missing?? The chart looks like it is headed down -- weakening CMF, not able to hold 2.5 support (?).

stockcharts.com

While I know you do not use the Wm%R(28) indicator, it flashed that trouble is ahead for RRI.