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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: Wolf 2 who wrote (636)11/11/1998 6:43:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 1622
 
Wolf,...hope there was no movement of PSUN's product to the triangle... though today sure could have fooled me!! But see previous discussion... PSUN took a nasty hit, and it seems to need a little workout. But don't you think the chart looks promising?...once the bottoming workout is complete??
//as for oil...if I had a silver bullet, I'd put it into my .45 and pull the trigger...metaphorically speaking, of course. No, my dear wild friend of the canine persuasion, I don't think there is any silver bullet there. But to observe: the Asian market is showing some recovery; the "la Nina" effect is supposed to bring a more severe winter; low oil prices have made a number of marginal wells unprofitable; the prospect for continuing Iraqi "difficulties" keeps that major supply offline; turmoil in Russia is hampering both oil development and current deliveries; etc; etc... Don't you believe old friend, that there are a LARGE number of factors other than just supply and demand that militate for a substantial oil move in the mid-to longer- term? Is this just "past the graveyard whistling"?.. I hope not...I'm still accumulating, believing that there are bargains..
What are your favorite areas of emphasis over the next year?... for me, small/mid caps, biotechs, tech stocks (2nd half 99), and oils (also 2nd half 99) are my focus. ((I'm in PSUN because E! has adopted me for wealth creation purposes and has made me look like I knew what I was doing; and now my heirs have come to expect it!)
OK, I'm wandering... BIG question...does this market correct back to a "low test" during November/Dec?.... Big January effect?...how do we get rich from here?
TSO