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Technology Stocks : Orbital Engine (OE) -- Ignore unavailable to you. Want to Upgrade?

To: James W. Bradsh who wrote (4841)	2/22/2003 11:17:46 PM
From: q39	Read Replies (1) \| Respond to of 4908

Using TA with Orbital is probably unwise given the Australian trading. We never can tell what's going on. As far as repeating patterns though, I don't think Friday's 10% gain holds Monday, as the Aussies treat every US rally as a sell opportunity. I don't know when that trend will break, but until then, OE's not going up and up and up. I am fairly certain the ADR trust buys in Au on significant price discrepancies, converts to ADRs and sells in the US. I think that will be a good portion of the Au volume we should see tomorrow night. Right now there is a 17% higher price in the US. If I could make ADRs I would take advantage of that.