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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Think4Yourself who wrote (61335)3/2/2000 10:17:00 PM
From: Roebear  Read Replies (1) of 95453
 
John Q,
Quite a candle today in the OSX, rivals any one in the last three years:

bigcharts.com

Note that at times the XOI lags the OSX slightly (hard to tell on a weekly). Just looking at that chart it would appear there is a possibility that the OSX would hit next target of about 115 before retracing. No warranty on that however.

Securitytrader, though labeling the chart as Bullish, has taken off the green header, indicating a wait and see approach for tomorrow.

I also get the impression from the chart that the XOI may be key here, if it continues to rally it reenforces the OSX, E&P's.

A Caveat from experience with gold stocks, sometimes the politics can overpower the charts in commodities.

That is one heck of a bullish candle to overpower though!

Best Regards and good night,

Roebear
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