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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Brent Hogenson who wrote (53449)10/23/1999 3:52:00 PM
From: Gary Burton  Read Replies (4) of 95453
 
Watch OSX 77-80 area for potential turn back down...The broken uptrend line connecting the April,May,June and July lows now comes in at approx 83 and the 50dma is at 80 and declining and my sense is that this rally may top out under 80 and then head down towards its destiny . We shall soon see if all this is voodoo or not. Maybe it is, in which case i will eat humble pie..... Geez the news sounds great doesn't it. And people who are selling hear and read the exact same news.Funny about that eh? (vbg)
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