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: SliderOnTheBlack who wrote (50124)	8/31/1999 1:41:00 PM
From: Gary Burton	Read Replies (1) of 95453

RRC wave count---odds favour at least 1 reprint of 4.50 (or a bit lower)---could then rebound from there towards 5ish and one last move down towards 4ish but last move down is 50/50 as it may keep going up. Am waiting at 4.38 for the time being-50% retrace of entire move up from the low. O/T--anyone following the hospital stocks? HRC now trading at $8ish with $1.00eps in 99 and 1.25 est for 2000. Once the momentum crowd move out of a stock they really overdo it!!

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