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

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To: Gary Burton who wrote (56365)12/7/1999 6:13:00 PM
From: marc chatman  Read Replies (3) of 95453
 
Gary, I guess this must be looking more and more like a 5-wave C which will take the OSX below the October low (currently in 3 of C, is that correct?).

Is 69 the point at which, by going below the November low, it could no longer be a mere 3-wave correction off the November rally?

Also, if this is a C, is it normal that the C is so much longer than the A (which would be the case if the OSX did go to the low 50's)? I would have thought that a dip to the low 60's is more likely.
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