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Politics : High Tolerance Plasticity

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To: Think4Yourself who wrote (1255)3/9/2001 9:55:02 AM
From: The Ox  Read Replies (1) of 23153
 
OSX and XNG up about 14% over the last 2 weeks:
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These are very strong moves and some back filling can be expected. We have OPEC meeting on the 16th. This will be a catalyst for profit taking but we could climb the wall of worry into the get together. RIG ran into strong resistance above 54...no surprise there! If RIG can't get above 55, then I think we should assume that this run will need a pause and profit taking would be in order for those with short term thinking.
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