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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (48878)8/5/1999 12:20:00 PM
From: Gary Burton  Read Replies (1) of 95453
 
DJIA completed 5 waves down at this am's low---at least as I count it--If 5 waves, then it suggests that after a rally retracing say 38%-62% of the drop from the top, a second move down will begin which will undercut this am's low. As I see it, we are obviously in the retrace part right now. --Solar eclipse on the 11th-could mark a strong move in either direction give or take 1 trading day...my 2c
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