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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Jon Cave who wrote (60782)2/23/2000 2:45:00 PM
From: BigBull  Read Replies (1) of 95453
 
Just when this energy sector gets really silly a bottom is near. Closing in on the 50 day. Bounce coming soon, probably a day or two.

Actually if you try to look at a chart of the OSX dispassionately it doesn't look that bad. Has the look of something building up a head of steam. A series of rising bottoms stopped at the low ninety area. Can't go on too much longer like this without some kind of resolution. My bet is up. But then there is always the possibility that oil prices could go to 50 a barrel and the OSX goes 10. <g> I mean, this is getting truly silly.
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