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TULLOW OIL - worth another look?

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sirrah - Wed, 14 Dec 05 :

lex1000: please stop ramping: provide some reasons behind your assertions otherwise it's just pure ramping.

Must confess I can't see the reason behind the decline in TLW today except generic weakness and a slightly over bought condition. A rest now will serve TLW in good stead. Personally I hope the weakness continues as I would like to re-enter at 270p.

Took profit on BUR today thinking a decline/rest was on the cards from an overbought condition, then it resurrected; but trebled a position in DNX which has underperformed to see good progress slightly nipped in the bud in the final half hour (I don't usually day trade - maybe feeling uncomfortable out of TLW).

But, with all these stocks it's a matter of time: they are all in up trends with DNX having better immediate potential than BUR and TLW it would seem from being lower in it's up trend channel and at a change to a steeper up trend.


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