Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Harold S. who wrote (46529)	6/16/1999 2:17:00 PM
From: Gary Burton	Read Replies (2) of 95453

As I've noted before, there is a key resistance area at 83ish based on the momentum of recent waves. I think we are now in (iv) of the 5th wave up which started from 69.59 on June 1st. If this is correct, we should see 1 last little blip up past this morning's high to complete the entire sequence from 47ish on March 1st. After that, the risk is back to the mid-60's.---I hate to say this because I'm still holding FLC, which I think will hold 8.75 and probably 9.13, but that has been my scenario for awhile now and is still the best count imo.

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