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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (11273)8/29/2005 8:28:06 PM
From: Ken W  Read Replies (2) | Respond to of 23958
 
Ray

HEC: stockcharts.com[m,a]waclyyay[pb50!b200][vc60][iUb14!Lp14,3,3]&pref=G

I'd be careful here with HEC gang. The daily and weekly are getting very, very overbought. That is just one reason to be careful. The other reason is that the oil excitment is beginning to trickle down into the HEC's and OTC bb oil related stocks, a sure sign that the end is near for the big oil "rally".

I remember Ron Insania pointing that very fact out during the I nut bubble. Summer is nearly over and time for the gas prices to drop about 20% so that when it settles at about 2.50 a gallon we will be sooooooooo grateful to pay that instead of 3.00, all the while forgetting that we were paying 1.89 last year. "And the Beat Goes On".

Ken