bmg project milestone 3 million barrels, page-33

Dear Threaders

The Capt. has moved from a parasite buyer back to the worthy status of BPT holder. It is good to be back in the loop fellow threaders. I gave BPT the big "Judas kiss" late last week and now BPT is my new best friend again.

Apprentice Chartist forcast

CDL- Still a SELL. With a heavy fall to the basement.

MACD- Appears to be at the bottom of the bear cycle? I tried to pick the absolute lowest price today but sp fell even lower AAARGGHHH. (MACD = -0.011)

BB GRAPH - Extreme low fairway. Indicating very good contrarian buying. (Touch wood) This is one reason I bought back in today. Trend buyers will still stay away on Monday.

PARABOLIC SAR - 43 Red Tokens, 19 Green. Indicating still in Bear Trend.

In hindsight probably got back in a bit too early. Still, for those with a risk appetite - perhaps a good contrarian buy in BPT. IMHO I don't see BPT down in the $1.20's or anything like some have suggested. I think j-curve will be around current sp $1.38 - $1.48.

Fundamentals still present well in BPT - This is the main reason I jumped back on board.