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: SliderOnTheBlack who wrote (54565)	11/12/1999 11:51:00 AM
From: BigBull	Read Replies (2) of 95453

It's probably not Johns Manville either, but IMO "asbestos" is one of those Wall Street "fear and loathing" words. While MDR is, IMO, commanding a lot of thread bandwidth today (justifiably so) the OSX seems to be doing quite well. On the very recent run to OSX 80, many stocks peeked over their 50 dma's. This was short term resistance and some profit taking came in. With $24 oil the next move up should take most stocks solidly through the 50 day. Then comes the classic sell off back to the 50 day which IMVVHO will be the launch pad for a major rally. JMVVHO Bull

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