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Statoil ASA Message Board

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  • yazlf7 yazlf7 Jun 30, 2005 12:38 PM Flag

    5 words sum it all up (and chart)

    Hey, don't feel bad about the STL.OL prediction for Friday - you had a 50-50 chance of being right. Instead a new high, but volume only average.

    Lots of technical analysis on this board for STO, but wouldn't it be more meaningful to analyze STL.OL with the larger trading volumes? The ADRs never get too far out of line with the underlying shares unlike ADRs from some countries where it's harder for the arbs to do their thing.

    Good luck to all.

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