chart today, page-30

farhnazi: Ther's no way I can say where MEO will go after the farm out announcement because, quite honestly, I really have no idea.....

Look what happened with MOG!

However, on the chart below, I have shown the trading range that is currently developing..

A favourable announcement should, and I stress should, propel MEO northwards but to where is anyone's guess....

I think the important thing to keep in mind is that when and if a big move comes they don't go on forever

trying to pick the top is just as hard as trying to pick the bottom!!!