ARC Resources Ltd T.ARX

Using technical analysis for this one.

[coolfooldumbguy]

Well,to answer your question,I am using technical analysis for this stock.It is a good company,but the high was set a clue of weeks ago,which was missed by me unfortunately, but it showed that the current upswing was topped out,and it was churning at this point,so that anything you can get at over the $25 per share,is a good thing.It is still a good stock but it became t one for bargain hunting for me.My money went over to another cheap oil and gas stock, on the Toronto stock exchange : symbol GTE ,which is a better bargain for me with bigger leverage also,but glta shareholders .

[Quintessential1]

Thanks for responding.  Funny GTE wasn't even on my radar until earlier this week when they made a takeover bid for ITE. I owned ITE earlier when they first took their Canadian assets but couldn't deal with the lack of financial reporting because of the british ownership.  I kept an eye on them since they sold.  They got real cheap again before this takeover bid.  As