Burren - Charts & Fundamentals

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7K - Sun, 01 Jan 06 :

Good post chopsy....but as a fundamentalist rather than a chartist....i believe the trading statement on 23rd Jan will have a much greater impact than any chart signal!?
The upward trend is based on very strong fundamentals...PE of 16 going down to 8 this year....and the sector average is 20-24....another strong surge forward is very close imho...the market likes Burren...it never hypes and is becoming more and more successful....a posssible large gas contract from Turkmenistan will be the icing on the cake....I keep buying on the pullbacks:)


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