Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BigBull who wrote (55710)	11/30/1999 7:51:00 PM
From: Gary Burton	Read Replies (2) of 95453

EW count on the various major indeces is still a bit unclear (possibly one last blip up), but my best guess is that the Wave up from the October low is now Over and the DJIA 'failed' today---If so, Bulls will wait for maybe a 38%-50% retracement of the Rally while Bears will suspect it's all over for awhile and hello sub-10000. My hunch is in the minority bearish camp for the time being (60/40). A DJIA print below 10536 would tend to support the bears, but of course the bears are few and far between right now--my 2c---no bull in his right mind would anticipate taking out the Oct low

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next