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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Post_Patrol who wrote (54426)11/10/1999 11:19:00 PM
From: Gary Burton  Read Replies (3) of 95453
 
Well Post-since you're the most in favour of me "returning" (vbg) I thought I'd thank you and give my EW 2c by responding to you directly. That way, you get to mouth off again.-----Folks--I haven't been away. I have been pre-occupied with concern over my daughter's financial and legal situation and found I couldn't concentrate on the market the last several days-even when I was intermittentently looking at the screen in between rushing here and there.---And I see when I look at the OSX chart that I was wrong (Post will say-what, again?). As it stands now, we are now in Wave 3(iii) up and this is the strongest part of the 5 wave sequence. I think we will most likely see 95-97is before this up sequence is over and I would therefore not be selling just yet. The odds are strong that we will take out the 'old' 91ish high quite soon.----I am thinking of adding to my RRC position tomorrow fwiw--don't beat me to it folks (vbg)---MDR comes out with their numbers Thurs morning and if they are ok and the stock opens up, I think we could see the low-mid 20's quite soon and possibly 'never' look back into the 17's. If they are worse than expected (18c consensus?) then one may have to rethink it. My sense of the chart suggests an upside resolution coming fwiw. So, I will double my MDR at the open if the number and outlook is ok-----now back to worrying over other things.--good luck to all--my 2c
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