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: jim_p who wrote (60496)	2/18/2000 8:57:00 AM
From: BigBull	Read Replies (2) of 95453

jim_p, OSX is up into a short term resistance area. How the stocks react here will give investors an indication of where the sector is - run phase, or still building to run. Nice, tight, short pennant formations will indicate run phase. Also, breaking out over the top Bollinger band and running with it is a clear sign of the runaway Bull. Watch for these signs. A big sell off today or tomorrow would probably mean the run phase will be delayed a few weeks. But ole Bullsky says "run phase delayed, is not run phase denied." <g> It's coming, brother, it's coming. And it will be worth the wait. The OSX is now starting to outperform most of the major indicies except the Naz composite and a few Asian markets like Hong Kong. IMO, this performance will at least begin to pique the interest of MO MO's. As Slider says, it won't take much of that money to really gun this sector. JMVVHO Bull

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