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: marc chatman who wrote (51980)	9/28/1999 12:03:00 PM
From: Gary Burton	Read Replies (2) of 95453

As I see it, the OSX needs to complete an ABC down and at today;s low we have probably on;y completed the A part. So my hunch is a failing rally tomorrow etc towards 80-82ish to complete a B, then a final drop below today's low to complete the C---My trading software now projects anywhere in the 60-72 area to complete C, take your pick...my 2c----ps on the DJ, I think we are either still in 3 or this is the B wave of 4 (A having risen from Fri's low)--if it takes out last week's low print, it is probably still in 3 with 4 not yet started

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