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Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF) -- Ignore unavailable to you. Want to Upgrade?

To: Peter Berkman who wrote (7548)1/1/1998 7:02:00 PM
From: Zeev Hed  Respond to of 9164
 
Peter, I cannot argue against the basic sound fundamentals of Arakis, yet, I am faced with a chart shouting "achtung" "Falling Knives". As a "professional" bottom fisher a watch closely for sign that the knife will spring back, and these signs I have yet to see. So, I say, wait until you see the white of the MM's eyes, or, a technical breakout (which now I believe will have to be a break above 2-5/8.

Zeev


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