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

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To: William JH who wrote (68072)6/12/2000 3:45:00 PM
From: BigBull  Read Replies (3) of 95453
 
Well, if crude prices hold their gains today, then a bona fide breakout from the consolidation has occurred, and the old high of 34.5 will be tested (in all likelyhood). As my British friends say "Good Oh", old chap. ;o} The OSX holding the 50 dma and rallying is also quite constructive. The MACD buy signal could happen today. IMO $40 crude will bring drastic, violent and immediate reaction by Govts. worldwide - bet on it.

Since I'm still 60% patch I could not be more pleased. Looks like a rally to 140-141 is definitely a strong possibility. At that point, I'll start slapping on stop loss order's and bump them up every day and let the market kick me out. Selling with these bullish fundamentals is almost emotionally impossible, at 140 I'm taking it out of my very emotional hands.

OT:

Grabbed my HLT today as it went down and closed the gap.
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