Absolutely! However another pullback would be nice, just to backtest a decent red XJO, which is also as rare as hen's teeth atm..
If a c&h does form, the resultant sp usually heads north, rapildy. Something techically out the control of the more mature investor.
With luck and a little bit of worry over the XTO price rise fundamentals, insto's may run a ruler over the books, especially as it approaches the $1 point. Especially with a relatively low index mc. By then , the froth too may have cycled through some of the current growth stocks , that have enjoyed unwarranted attention over the last quarter.
MLX Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
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