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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: in_outdaily who wrote (52931)10/13/1999 5:13:00 PM
From: Gary Burton  Read Replies (1) of 95453
 
Since the S&P looks like only a corrective pattern and suggesting new highs, I still think the DJIA will print 'somewhat' below the 10,016 recent low-say anywhere between 9600-10,000 and the Correction off the 11300ish top then will be complete.... So, if we keep dropping in here it would be fine by me, as I want to get it over with. The blip up to near 10,700ish was 'obviously' a suspect rally due to continuing terrible breadth all the way up. Maybe, the end will come when there is a selling climax somewhere between 9600 and 10,000 --(oh, my god we're below 10! type of thing). At this stage, I think there is still some unfinished business >11,300 and the S&P is suggesting that.My 2c
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