The Oil and Gas Pipeline

[trade2much]

Gateway: Actually I use my level 2 alerts and avoid stop loses they seem to get called and then the stock goes up. I like to use FIB retraces alot and set my alarms, as long as I am going to be around. Stops are dangerous in a sector bull trend imho.

I can't figure ERHE they have almost an iron clad guarantee of $5-$10 worth due to recent agreements and the stock just languishes. I am thinking retrace to atleast the 50MA, and perhaps into the low 50s, since they will have a dry spell on news, aside from 3/24 when they announce $45-50M infux from consortium partners should get a pop from that.

It has projected 6BB reserves in it blocks and 4 blocks not yet projected much.

My opinion is MMs are gathering up all they can and when the sellers dry up we will get a boost.

If you get time take a look and let me hear your opinion.

BOL & TIA