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

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To: chowder who wrote (62071)3/13/2000 9:27:00 PM
From: Roebear  Read Replies (1) of 95453
 
dabum3,
Have had a rather long day with another one tomorrow. So this is no guarantee, not having had much time for study. NDX is on or very close to 13MA support, if it breaks that tomorrow then a very sharp and quick sell off is possible with support in 4100 area(is that an evening star I see or just close, getting blurry eyed). This view is also taken by securitytrader.com, who called the Naz bull current levels months ago (would that I had then). I would not take any long positions until it approaches that area, but only IMH and overworked Opinion.
Currently I am short this index for the last few days and trying to decide my exit point. For me my short is functioning as a hedge and a place to make some bucks while I have been too busy to look for some more E & P buys, (just holding my UPR, oil wise).

Roebear
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