TECHNICALS -XTO

One of the CEO's mentioned in the Barron's article was Bob Simpson of XTO. Above is a three year chart showing the stock going from about 12 to 43. This stock has been a buy the pullback stock forever and I think this time is no different. Eventually they will probably get taken out by a bigger oil company, but this looks like a grand time to buy.

The company announces increases in reserves on a fairly regular basis and the CEO is probably the best in the industry. If the stock chart is any measure he certaintly is.