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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (3606)	10/10/1998 10:38:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 5504

Razor, crude prices were being dragged up with gold, but I think the gold rally ids over and crude is going to revisit the 12' area, if it does, I'll earn my $1 hat on this one. My point was that when crude was running above $16, HEC did the "dormant" act and that is where the FA and Ta diverged, sounding, again, an alarm on HEC. You keep away from that ZIDDI, it is a curse, most everyone that has used the ZIDDI has been burned and quite badly. There is a slew of them on the RNTK thread in the same predicament (another floorless in "action"). Despite their finally getting the Texaco deal, the stock run to $1.5 and then could not overcome the overhead resistance, back to 1.125 and going under $1 IMHO. Zeev Zeev