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

To: kodiak_bull who wrote (42904)	4/28/2005 1:19:53 PM
From: kodiak_bull	Respond to of 206326

Postscript to TOL, now at 74.49, only $5.49 to the $69 target, today will be a good day to adjust the stops. Average true range is a whomping $2.59, so the stop is unlikely to be set below $77, still that's a $2.00 improvement over the opening stop at $79 and the opening price of 77.60. Postscript to XLE. Trend is confirmed (and reconfirmed)--this is why any rally against the predominant trend has to prove itself. In XLE's case, it needed to close above $44. It never got close. I think XLE will trade in the 39 region in the next few sessions. At some point it will reverse and rally for a while. Kb