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RickInv

01/09/08 10:41 AM

#4173 RE: vantillian #4169

I agree Van, slow steady gains are what we need here. Big spikes produce unsustainable gains, ala the situation we are in right now. I remain confident that we will come back and surpass the recent highs. I mean - Oil and Gas Reverse Merger with announced intent to increase production. How could you not push a few chips to the center of the table on this one?
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TradeForProfits

01/09/08 10:45 AM

#4175 RE: vantillian #4169

I definitely agree. Slow and steady building. I'm no expert, but what I see is:

RSI is definitely into the oversold territory, bounce off the 50 dma, move back up to .0175 (20 dma) shouldn't take too much on reversal