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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: CommanderCricket who wrote (33658)7/17/2004 9:39:56 PM
From: profile_14  Read Replies (2) | Respond to of 206131
 
The FLEX chart is also at support right here, a level at which it created late last year when business was much worse. It has sold off over 20% in just the last few weeks and it is now trading at a reasonable valuation. It is going to make 70 cents this year and one dollar next year. It is oversold on the WLPR, stochastics, and RSI metrics, and each time it gets in this condition, it moves nearly two points in short order on a bounce due to its high beta. That is the trade I am looking at, a quick move and out.