not sure if you like 'em a little slower and longer than hogwash, but here is one reason price of oil dropping shouldn't really affect value of HNR. "mob mentality" does. imo, it's a great buy in $16's. next earnings should be sweet(imho). http://biz.yahoo.com/prnews/040928/datu026_1.html
well if the Chinese intervene to slow their racing economy down a bit, perhaps CPTC will pull back. Chart is very different from AEXCA, AEXCA put in a line bottom for a very long time, and then shot up a bit and formed a pennant with moving averages rising to meet it, and then went parabolic for five days straight, racking up nearly 5 points daily.
CPTC chart on the other chart is more readable, made a reverse head (with two heads via Picasso) and shoulder bottom, which fuel the 2 measured legs up rocket, with a reasonable congestion between the two legs. That congestion dipped into the rising daily 20sma. Bottom of the reverse double head and shoulder was at .75, and breakout was at 2.25, so .75 plus 2.25 is 3, so that second leg is way past target, and is straight, parabolic, so I would think that it will congest again and perhaps do a third leg, as the target of 3 is the minimum one would expect from such a formation. Be interesting and informative to watch in any case.
al bundy, calling al pine, do you read me..?you beat me to the magic question about aexca. wonder if we're just too "emotional" and reaching the next juicy, red, mega-cherry because of aexca being more than a one-trick pony(but not in our circus)... or, weeby bein' too cautious? haven't read any "to da' moon"s yet, so this makes it "pos"itive instead of pos, imo... think your board story politically correct, but you did delete a few lead characters from your script. revised vs. unabridged? LMCO.
It is absolutely gorgeous where I live, got a view of centuries old church steeples and snow-covered mountains from my office, aka trading turret, window.
My imaginary dog was spared as I have a Meeby effigy which I pummel with a stale baquette from time to time.
Will CPTC.ob be the next AEXCA?