ABLE & GEOI new 52-week high tomorrow?

With crude oil futures trading at new highs ($56.46/barrel), I predict ABLE and GEOI will make new 52-week highs this week. The momentum in these two stocks is so strong at the moment that you can make a profit even if you bought high. This is the primary reason I'd like to trade those stocks with strong momentum and high relative strength. You dont have to worry too much about your trade and feel comfortable holding it as long as you took the right direction. (Trading Strategy #2: Ride the tide till it turns and Never go against the momentum)

If ABLE hit 15 or higher tomorrow, I guess it will be another ANTP for 2005. We will see if this is true or not by the end of the week. Make sure you are on board this time if you missed ANTP on Dec and Enjoy the ride!

ABLE = next ANTP?

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=antp&sid=0&o_symb=antp&freq=1&time=7

Crude Futures Chart

http://www.wtrg.com/daily/clfhl.gif