Archive for: March, 2010

April 1, 2010

Beware the Fool ! Be not the fool – on this day!

Every picture tells a story

The next level of support comes in at $7.50 then at $7.00. I think that you may have to wait till the summer to get a reversal of the current trend.

The dogs are winning

More than 2.8 billion people almost half the population of the earth lives on less than $2 a day. 1.2 billion people about 20% of the population of the planet live on less than $1 a day.

Good fundamental and technical story

If BOE can get its production to 4,000 barrels of oil per day by this time next year and take advantage of its land base it has a good chance of moving higher.

Nautilus losing its buoyancy

I think patience will serve you well until the selling is behind us. Watch the MACD, fast stochastics, and the volume for signals that its time to head to surface.

Maybe but not now

Currently the stock is trading below the 50 and 200 day moving averages and is currently in a downtrend.

Enablence unable to break above resistance

At this point it appears that ENA has gotten ahead of itself and needs to consolidate its recent advance before it can break above resistance at $0.65.

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