SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (3513)9/3/1998 8:55:00 PM
From: Ed Ajootian  Read Replies (2) | Respond to of 5504
 
Razor,

As you can see from the chart, the last time this thing made a move it didn't stop till it went up 50% from its low. In that last move, it first made a small move such as that which we have just seen, on big volume, then pulled back slightly on low volume. Then...... BAAM, all the way to $4.50.

Today was a healthy consolidation, on low volume, which indicates to me that the rally is still very much intact. This also matches up well with the good news that is expected to come out any day now. When you combine climbing oil prices with pipeline connections that spells rally, man.

Hopefully you will not try to be a hero here and hold through the whole rally. I would suspect that you can get out at a nice little profit at this point. Remember the story about bulls, bears & pigs!