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: Gary Burton who wrote (56461)	12/8/1999 3:14:00 PM
From: BigBull	Read Replies (1) of 95453

Gary, "So far at least" You got that right, brother. Looks like real nice reversal action today. Doesn't mean that today's bottom won't be retested though after a brief rally. What really worries me is that, as I pen this missive, the over all market continues to display weakness. The Spooz in in danger - today - of cracking the uptrend line it established (since oct bottom), utes are testing recent lows, and even the mighty Nazz is starting to fail. The very recent Spooz rally has given nothing but a MACD bearish divergence. IMO the rotation theory is about to face the acid test. Whatever happens I will be buying OS stocks till my Ass falls off or the money runs out. I will participate in the next 2 - 3 qtr capex led OSX rally - no matter where it launches from.

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