Thursday, August 04, 2005
XTEX and XTXI correcting here as conference call continues..My guess is just profit taking. Meanwhile after some sellling early...MLPS are coming off their lows as XOI & XNG are gaining.
I'm taking a shot here and have a buy for XTEX at 40.02...right now at 40.70 bid. The 55 day moving average is the next level of support since the 34 day was broken earlier. It is a logical place for a bounce (if there is going to be one). This is for a short term trade only...
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