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Gold/Mining/Energy : Global Santa Fe (GSF) (formerly Global Marine) -- Ignore unavailable to you. Want to Upgrade?


To: Hector who wrote (1033)12/8/1998 9:03:00 AM
From: stan s.  Read Replies (1) | Respond to of 2282
 
Hi David, I've never played this sector before but GLM popped up in a volume price scan I run.

Your assessment appears on target to me...pretty good chance of hitting 13 1/2 to 14...based on past moves....that's turning into a tough resistance point.

It's picked up several momentum buy signals...2 are plotted in the top box...the vertical blue lines show the coinciding of the 2 previous moves with the buy signals as they crossed above their respective trigger lines. Still early but shows promise.
geocities.com

The MACD lags a bit, no dotted line signal cross yet but that's normal.

We'll see...ever play GIFI? # 35 on Forbes list of best small companies...some volume and price movement of late as well....once a high flyer in the general sector.

Toppy market...caution signals abound.

Stan