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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (51931)9/27/1999 2:59:00 PM
From: Gary Burton  Read Replies (3) of 95453
 
Slider---MDR's low in 1991 was 15.25..Then it did one giant A-B-C up to 44 peak in 1998--along the way, it hit a low of 15.38 in 1995 and 16.00 in 1997------From that 44ish peak in 1998, it then looks like it wants to do another giant A-B-C back down and that the A of that ended at 19.25 twice in 98 and 99 and then a B back up went to 32.50 in May99 and from there we are still in the midst of C. So, it is certainly feasible that we could see the 17.50 area on this move,although maybe not in a straight line.
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