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To: Terry D who wrote (45777)6/2/1999 11:22:00 AM
From: ItsAllCyclical  Respond to of 95453
 
Gas hits 12 month high...MEXP sells off...how fitting.

Ok, who's selling?

I believe this is just a technical blowoff that'll probably last until 1 1/2 similar to UFAB's breakdown from 8 to 6 before breaking it's 200 dma shortly afterwards.

However in % terms it's quite a pullback from the high 2's.



To: Terry D who wrote (45777)6/2/1999 11:23:00 AM
From: Craig  Read Replies (1) | Respond to of 95453
 
MEXP at 1 3/4. Picked some up at this level. As far as I know the story has not changed. But it certainly has drifted lower.