Welcome aboard CW, have you just joined or just been quiet for a while. I'm very optimistic on the chart, just waiting for wave 2 to complete so a few channels can be drawn, I expect when it's done it will run quite hard, similar to the first wave up but most probably bigger. Impossible to tell how long this wave will go for, that will depend on fundamental events occurring I guess.
If I dont get the reentry I want on the other stock, it will most likely end up in CRK in a few weeks.
Hows about the article in the australian today, claiming US debt not 13.4T & US govt "are accounting like enron". real debt estimated at 60 to 200 trillion. Gold will surely push higher though it may be the trigger for the C wave of March 2009 to date EW cycle on the indices.
CRK Price at posting:
46.3¢ Sentiment: Buy Disclosure: Held