Omni Energy Services Corp (fka OMNI)

[Call Stocks To Arms]

The techies have it as a sell in the short term so we might even see it drop below 8. I will hold despite the "pain" that has to be seen in the price as it consolidates.

Maybe it's the hurricane season upcoming, or the predictions of a price drop in oil, or just a consolidation as OMNI prepares for the next advance. Could just be the August doldrums too. A couple of good TAs have predicted an advance in the market in September followed by a pullback in late Sept/early August and then a strong 2006 finish. I can wait it out.

I still have no reason to doubt OMNI in the long term (6-9 months).

[Currently I am experiencing the same thing in GIGM but not as severe as it bases for the next rise. The frustration is offset by SOLM that I bought at 1.26 about three weeks ago after fiddling around when it was at .52]