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 (57643)	12/30/1999 5:13:00 PM
From: marc chatman	Read Replies (2) of 95453

Gary, I saw your thoughts on the osx target for this rally. Have you been able to decipher the likely wave count? A day like today can really mess up the charts for me. I luckily sold a lot of shares Tues and Wed, but I'm questioning when to buy this dip. I had figured perhaps a pullback to the 50 day ema is in order, but the u-turn in some issues reminds me of the November top-out. I'm still thinking we only go down a few more points -- maybe to 78 -- then resume the rally some time next week. The put prospects in the broad market are putting a smile on my face. EDIT: I notice that the weekly macd is about to cross above the signal line.

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