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: ItsAllCyclical who wrote (57026)	12/16/1999 12:40:00 PM
From: Gary Burton	Read Replies (1) of 95453

JimL--re NG prices--the drop from 3.20ish was too fast and steep, so I am inclined to suspect that today's rally is a the (c) part of a 3 wave partial retrace off the low of 2.15ish and then we might dip one last time to test 2ish??-I realize that such a possibility is not popular here, is a minority view and it may well not come to pass. But, my (weak) hunch is that we may need to dip one last time before assaulting the 3.20 peak (60/40 prob)

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