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: Think4Yourself who wrote (64172)	4/10/2000 2:04:00 PM
From: CpsOmis	Read Replies (3) of 95453

The chart on BSNX still has me spooked..... Yeah, yeah, fundamentals, etc....but look at the chart. Very, very repetitive descending staircase action, and looks ready for another step down, if the pattern continues. Given the prior trading action, the super thin volume, and extent of speculation on this one, it moves fast in either direction. Good luck to you guys, but BSNX looks poised to drop....based on the "technicals". Is it a good buy based on fundamentals? Yep, but so are a bunch of others that aren't so volatile. Good luck all, and here's hoping on wrong, but I think this will be significantly lower in a couple weeks. CPS

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