FAR 0.00% 52.0¢ far limited

char and sentifment looks very sick, page-9

  1. 1,032 Posts.
    Hang in there giant

    The chart means absolutley NOTHING right now

    In a few days , no matter what the chart says , we are either going to strike oil or strike nothing.

    Wouldnt matter if the SP had run up to 15 over the last week or so , the SP will either fly or tumble depending on the outcome of the drill.

    Only people getting upset are the ones who bought in planning on selling before the results , but it hasnt happened that way.

    I just think that there are a lot of people sitting on a profit with FAR atm , selling down to be free carried , with not much interest in the buy side given current world problems (cash is king), who would otherwise have a punt on this if overall sentiment was better.

    One way or another , the CHART is going to change dramatically over the next couple of weeks , but it wont be because of traders.

    Good luck all FAR holders
 
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