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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Aggie who wrote (51438)9/19/1999 11:45:00 PM
From: Gary Burton  Read Replies (1) of 95453
 
Aggie-the time element is the weakest part of elliott so I tend to ignore it. I think in FGI's case, the ultimate low will be in by the end of October and perhaps by mid Oct. Usually, there is a smooth looking channel down on the last move down from 14 rather than a protrated long drawn out affair. So far, that has been the case once FGI started down from 14 and I suspect it will stay that way.--Hey I may have to eat all my words here-hope you folks don't cut off the diving board I've put myself out on for the fun of it.
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