SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BigBull who wrote (65085)4/23/2000 5:56:00 AM
From: double-plus-good  Read Replies (1) of 95453
 
bull,

i'm looking at a potentially very nasty looking H&S on the weekly oil charts. it appears to match up with a potential H&S on the OSX and an inverse H&S on the XAL. Taken together, the three suggest caution in playing the drillers.

Obviously we are at a crucial point here, and if the resolution is bullish, I will be content to add drillers on the breakout or to find laggards with which to position my osx portfolio.

The relatively light volume during the recent rally also has me feeling cautious.

BWDIK

++
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News