re: re:should be an interesting Just a thought re jazzmox' chart -
The only Elliot pattern I can recognise well is the classic 12345 impulse wave; and OXR looks like its in the 4th stage of that. If so, buy in as soon as it turns back up, but then keep a close eye for the top of the fifth.
This worked on ENG; a beautiful pattern which I followed from madmac's charts.
I no longer hold OXR or ENG. Holding the oil speccies right now, and looking forward to Tuesday's opening for an indication of how the market will react to recent news - if valid, VPE and its colleagues, as well as NEO, should move up sharply.
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