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

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To: Crimson Ghost who wrote (56434)12/8/1999 12:01:00 PM
From: marc chatman  Read Replies (2) of 95453
 
George, I believe you are correct in noticing a change to the bounce -- a bit more gradual. But the key will be the late afternoon action, probably after 2 or 3 pm. Expect a sag shortly. Hopefully that will be gradual. I don't believe the bottom is in yet, but perhaps we are getting closer to the better bounce that iniates a basing. Also, IMO, volume is important.

EDIT -- the bounce just got a bit more life -- another good sign IMO.
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