GREY:ENGFF - Post by User
Comment by
travelnutteron Jul 07, 2008 10:29pm
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Post# 15266334
RE: TA AND CHART FOR TUESDAY
RE: TA AND CHART FOR TUESDAYVery grim analysis Zeta but I think you are right about the slippery slope. As long as we have no real news I think sp will be at the mercy of negative rumours and that will truly be the case if Zombie & Pud are correct about drilling mechanical delays. I think those of us who are long will just have to continue sucking it up and enduring the pain for at least another week. The world-wide paranoia about oil prices and inflation/economic ruin just add fuel to the fire as we saw on TSX today and last week. I am confident that those of you who bought in over $3 will profit at the end but it sure is stressful while we wait. There are many lessons that we have all learned with this stock and we should have a good post-mortem after we cash out so we are wiser for future plays. Hang in this week and GLTA Longs.