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 (52000)	9/28/1999 12:27:00 PM
From: Gary Burton	Read Replies (2) of 95453

Marc--OSX drop too sharp and one way to be an ABC already i think--usually, straight down moves are the same wave and if one looks at say a hourly chart, maybe one sees that more clearly.In any event, I am treating it all as an A since there is little visual break in the sequence. I doubt B has started, although it may have started from today's low. we shall see ----re the DJIA---it took out Fri low today so i think we are now only near the end of wave 3--by my count probably we are about to start another little blip up, then a final new low to complete 3 this week---then a somewhat larger rally for 4--followed by another low for 5----too many people trying for a rally to short into

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