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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (5631)12/29/2003 5:01:27 PM
From: Roebear  Respond to of 108747
 
chinton,
Noted quite a decrease in our increase. Dividend related perhaps, but this stock has wild swings on slow days, much less multi volume days like today.

Also todays action an expected reaction to a heavy resistance area.

I'm going to give the stock some time to sort it out, though the $15 dollar area was tempting and I see many succumbed to that temptation. My target is 21 bucks, however.

Best,
Roebear



To: c.hinton who wrote (5631)12/30/2003 12:38:24 PM
From: Roebear  Read Replies (2) | Respond to of 108747
 
chinton,
ROYL is one volatile stock. I see they are having fun running the stops and filling the gaps.

Yesterday would have made a wonderful daytrade, but would have ruined my basis, so I did not.

IMHO, this is not a bad place to add a little and test the waters.

Best Regards,
Roebear


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